EUR/JPY Consolidating under Broken Trendlines

Consolidation: The EUR/JPY is consolidating during the 2/26 session, after a bearish 2/25 session, which was caused by the Italian election drama. The 2/26 consolidation range is between 122.33 and 118.70. A break below 118.70 therefore signals bearish continuation, and a break above 122.35 suggests…

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EUR/JPY Consolidating under Broken Trendlines