Hello traders, EUR/JPY is trading at 130.47. The Pair is trading in resistance and support in a sideways trend. As the price is moving towards its it can rebound back to its . If the price breaks the entry price at 130.37, then it can touch its at 130.19 and if price breaks the then it can touch its second target at 129.98.
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Rishikesh Lilawat has over seven years of experience in trading Forex and commodities markets, out of which three years in two investment banks as a professional Forex and commodities trader. He holds an M.B.A degree in finance and business analytics from the University of Pune. Realizing the central role of a trader and because of his personal and particular interest in trading, He built skills in market research, technical analysis, fundamental analysis, risk management, and fund management, etc and focus his efforts on communicating and sharing views on market trends and patterns.