EURJPY Analysis : Breakout Level Retested

EUR/JPY Market broken the Resistance trend line drawn in a Downtrend.

After Breakout, market Retested the Breakout level again to confirm it’s upward move.

JPY seems to be too weaker after Yellen’s Speech. If EUR/JPY Breaks out the 114.50 level, then we can see the 116 Price Level very soon.

Let’s wait and see the market moves on next week.

 

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