EURJPY Chart Technical Outlook

EURJPY Chart Technical Outlook the 8-hour chart suggests a bullish bias with the next move being higher within the CD leg of a crab formation. The risk-reward factor is always high trying to catch the BC leg close to the previous swing low (154.41). However, I do have a US dollar bullish bias for the figures. That would suggest higher inflation, lower indices, and haven buying could push this cross lower.

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