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EUR/JPY Signal - JPY Unemployment Rate - 30 Mar 2021

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Signal Details
Entry Price: 
129.22
Take Profit: 
128.64
Stop Loss: 
129.77
Direction: 
Sell
How we trade
Average: 5 (1 vote)

EURJPY is cycling to the downside currently prior to the JPY Unemployment Rate Data, which shows the percentage of people unable to find employment domestically. Technically the pair has made a retracement prior to the data release, and we anticipate the downtrend to have a continuation.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.