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Technical Analysis EURJPY

10 May 2018 Marios Athinodorou


Based on the Ichimoku system, it can be observed that the price appears above the cloud. The lines Tekan Sen and Kijun Sen seem to be in bullish formation, and the Chikou span appears above the Kumo. In accordance with the Ichimoku signals here, it could be noticed that a Kumo breakout to the bull side seems to be active. If the price moves down to the Tekan Sen and bounces, then we could consider looking for potential signals.


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