The EURJPY closed as an Inside Bar on Friday with immediate Support and Resistance at about130.60 and 132.05 respectively. The setting is that of indecision and could see price hitting both support and resistance before breaking out. Short term Trade decisions can be made on the intraday time frames.
My Recommendations: buy pair with care as it retests support with quick profits taken or sell pair as it hits resistance also with quick profits taken.
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