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EUR/JPY trying to test the round number 123.00 June 03, 2020

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EUR/JPY is trying to reach the round number 123.00. However, it may meet resistance from the upper channel pitchfork. As long as the pair does not drop and close bellow the 120.75 level, it is likely to touch the upper line o the pitchfork and reach the 123.00 level.

Overall the EUR/JPY bias is Bullish.

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The material has been provided by InstaForex Company - www.instaforex.com