EURJPY . The Japanese Yen continues to weaken. On the chart we can see an accelerated growth after breaking through the resistance of the uptrend channel . After breaking through and testing 144.2 resistance, the price forms a technical pullback to test the previously broken resistance of the channel.
On the daily chart we see that the price is in a certain range and makes a retest to the resistance 144.23. From the technical point of view, the growth rate of the currency pair has increased, which probably presages a break-up of the resistance and continuing strengthening of the Euro .
I believe that the price can break through the resistance 144.23, and the next target for it will be the far level of 149.5, behind which there is a large volume of liquidity, and it will play a decisive role.
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