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comments will be allowed. However, break of 124.08 could extend the fall through 109.03 low instead. Eurjpy continues to postpone the negative attack Analysis 07:52:48 GMT (m). And, the larger up trend from 109.03 (2016 low) is still in progress. Eurjpy continues to decline Analysis :29:37 GMT (m the eurjpy pair continued to provide extra negative trading, to notice surpassing the initial target by hitting 129.50 level, the price might be forced to provide some sideways fluctuated moves, due. Shifted price, in this chart, the close price is shifted behind so it corresponds to the date when the price for that week was forecasted. Averages, by displaying three central tendency measures (mean, median, and mode you can know if the average forecast is being skewed by any outlier among the poll participants. Even negative opinions can be framed positively and diplomatically.
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Firm break of 137.49 structural resistance will target 141.04/149.76 resistance zone next. The result is a price corridor, usually enveloping the weekly close price from above and below, and serves as a measure of volatility. We are on the mid-term resistance created by the top from the middle of July. Eurjpy tends to resume the negativity Analysis 06:41:01 GMT (m the eurjpy pair returned to form new negative trading, to notice providing clear pressure on 128.80 level, which formed the initial support against the last negative fluctuation, we expect forming. No escape for the eurjpy Analysis 07:49:43 GMT (m the eurjpy pair confirmed its affection by the bearish bias domination by providing new negative close below 130.30 extended resistance, which confirms the price preparation to form new negative.