EURJPY BUY

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EURJPY BUYEuro vs. Japanese YenFX:EURJPYAlChapoFX_SignalThe pair has returned to a key support level that has successfully held and rejected price on three previous occasions, highlighting the strength of this zone. The latest rejection suggests that buyers are once again defending the area, increasing the probability of a bullish continuation. Based on this repeated support reaction and the current market structure, I anticipate the pair will move higher and continue towards new highs.