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09.03.2023 07:25 PM
EURJPY, H4 | Potential upcoming reversal from key resistance

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We're seeing price rise towards major swing high resistance at 1.4639 where price had reacted from multiple times in the past. A reversal from here could see prices drop to our take profit target of 1.4550 which is a pullback support.

If price were to break this level, the next key resistance would be 1.4686

Dean Leo,
Analytical expert of InstaForex
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