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EUR/JPY Signal - EUR Retail Sales Data - 6Jul 2021

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Signal Details
Entry Price: 
131.76
Take Profit: 
132.25
Stop Loss: 
131.32
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURJPY is trending to the upside today prior to the EUR Retail sales data, which measures the total receipts for retail stores in the Eurozone. Technically the pair has bounced from the trendline and the RSI has turned bullish. We anticipate continued upside into the 132.25 level.

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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.