EUR/JPY
At the H4 chart the EUR/JPY currency pair is moving above the 6/8 level, the bulls are supported by the Super Trend’s line. If the price rebounds from the current levels, the pair will continue growing up. The short-term target is at the 8/8 level.
At the H1 chart the pair is being corrected between the 6/8 and 4/8 levels. We can’t exclude a possibility that the bulls may break this trading range during the next several days and continue pushing the price upwards. They may reach the 8/8 level in the nearest future.
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