Well, there is just no stopping the strong EUR and I ended up buying the pair up to 131.70 last week. As per my comments in the trade idea I posted on 20 Aug, the pair never broke below the 127.30/00 area for a sell and this was a sign of continued bullishness. So, until I see a weaker EUR and stronger YEN and the pair remain above the 127.30/127.00 handle on a Daily basis, I won’t be looking to sell the pair.

EURJPY - FOLLOW UP

Source: MARYNA

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