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Here is the Forecast for EURJPY that was released before the London open. We were expecting EURJPY to proceed Short below the barrier area of 105.216 and 104.869
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EURJPY did proceed Short as expected from the forecast. Giving a potential of approx. +91 pips from the Sell area.
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Disclaimer : Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
