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Bulls aim for 502634.6068 after the ETHJPY triggered a bearish formation on the 30 Minutes chart

ETHJPY has broken through the support line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 502634.6068 may materialize within the next 2 days.

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