EurJpy is in strong resistance zone

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EurJpy is in strong resistance zone

After the 500 pips drop from 133 recent top, EurJpy has found strong support in 128 zone and has started to rebound.

This rebound can be over soon with the pair facing strong resistance above 130.

This resistance and sell zone extends to 131.50 and bears can look for opportunities to sell in search of a good R: R.

The target can be 128 support and 132 would negate this scenario.

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