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EUR/JPY potential buy zone

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FX:EURJPY   歐元 / 日圓
Euro Yen has been downside within period of 6 months. While there's indication that it becomes oversold until who knows when, which can be confirmed by rejection at strong support, the strong one which can be seen many years ago ( @120.75 ) - current price. Strongest trend is down, but subjective mind of mine tells its going to have a Bullish retracement which can be taken as opportunity with 2:1 gap of ratio.
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