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Because ETHJPY formed a Falling Wedge pattern, we expect it to touch the support line. If it breaks through support it may move much lower

The movement of ETHJPY towards the support line of a Falling Wedge is yet another test of the line it reached numerous times in the past. This line test could happen in the next 2 days, but it is uncertain whether it will result in a breakout through this line, or simply rebound back to current levels.

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EURJPY – approaching a support line that has been previously tested at least twice in the past

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