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It’s time to make a decision on EUR/JPY – its recent breach of 165.3930 could be a sign of a new trend to follow.

Big movement possible on EUR/JPY
The price of EUR/JPY in heading in the direction of 164.9196. Despite the recent breakout through 165.3930 it is possible that it will struggle to gain momentum to the forecast price and move back in the other direction. This has happened many times in the past so watch for a possible bounce back.

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