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EUR/JPY Bullish Bounce at Important Camarilla Supports

Nenad Kerkez
Updated

The EUR/JPY has formed an obvious ascending trend line at support and the price is looking bullish. W L5 & M L4 are supporting the rising trend line.

Two important POC zones are 129.00-15 and 130.00-20. The price could spike from any of POC zones. The continuation will happen only above W L3/M L3 pivot 130.50 which serves as important resistance. The final target is W H3 at 131.50

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This article was originally posted on FX Empire

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