The parity EUR/JPY jsut reached 124 and is finding a strong resistance. Currently, 123 is acting as support. A break out of this support will allow the price to make a pullback on 122. However, the break out of 124 will give a new buy signal. We maintain to trade only long positions as far as the price is above 123. If this level is broken, we will wait a return on 122 to trade again long positions.
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