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Trading financial products on margin carries a high degree of risk and is not suitable for all investors. Please ensure you fully understand the risks and take appropriate care to manage your risk.

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Technical Analysis

Should we expect a breakout or a rebound on EURJPY?

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The movement of EURJPY towards 142.7420 price line is yet another test of the line it reached numerous times in the past. We could expect this test to happen in the next 4 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current lines.

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