Strategy:Sell@162.40 As has been the case all week, prices made new daily recovery highs, fell back to just above the previous day"s low and bottomed out again. There is some concern, though, that prices already rallied to within 10 pips of major resistance at 162.40 overnight, perhaps weakening the r/r for new buyers. 160.00 key support. Hourlies midrange. EUR/JPY
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