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my forecast for the EURJPY pair. The MACD cross downwards is a very potent signal for a bearish trend.the 4 hour charts also confirm this bearish possibility.i see the markets going as low as 120 on the EURJPY. Even with the bank of Japan measures to weaken the currency, all technical indicators still point down. i expect a major leg down before the end of may. the JPY pairs may spike up and possibly make new highs, but those areas would just be better places to take short positions. I expect th…
