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EUR/JPY Signal- JPY Household Spending (YoY) (Jun)- 04 August 2022

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Signal Details
Entry Price: 
136.058
Take Profit: 
139.438
Stop Loss: 
135.218
Direction: 
Buy
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EUR/JPY is trading to the upside today prior to the JPY Household Spending (YoY) (Jun). Price has formed a inverse head and shoulder on the 1-Hour timeframe meaning a possibility of price trading up is very likely. We anticipate a bullish move up to level 139.438

Submitted by John F. on Thu, 04 Aug 2022 13:48:57 GMT

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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.

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