Currently, EUR/JPY is trading at 117.20 touched its , from the last week this pair is in a downtrend and possibly it may continue the same trend for some time. As the pair has already entered , after going down for some time it may rebound back to come into an uptrend.
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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.