Does the recent EURJPY correction have legs? – Forex Factory

The recent correction in EURJPY has been causing some speculation among traders. Many are wondering if this correction has the potential to continue or if it will fizzle out soon. As of now, it is uncertain whether this correction has legs to sustain itself in the long run.

The EURJPY pair has been experiencing some ups and downs in recent trading sessions, with some significant fluctuations in price. This has led to some uncertainty among traders about the future direction of the pair.

It is important for traders to closely monitor the price action of EURJPY in the coming days to determine whether this correction will continue or if the pair will start moving in a different direction. Keeping a close eye on key support and resistance levels will be crucial in gauging the strength of this correction.

Overall, the recent EURJPY correction has sparked interest among traders, but it remains to be seen whether it has the legs to sustain itself in the longer term. Vigilance and careful analysis will be key in navigating this uncertain period in the forex market.

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