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The EURJPY has been trending higher and assuming we can get through the next daily swing high, there could be more potential breakout trades to take for 200 pips more. The USDJPY is generally in line with the US10 year yields but has diverged recently. The recent uptick in the euro strength could be in line with the EU bonds and german bunds as traders are looking for the ECB to become more Hawkish. Whatever the main fundamental drivers are, the technicals show where the opportunities lay.
For more trading details, please check the hyperlinks with time stamp indicated from the video:
