EUR/JPY’s extended decline last week suggests that rebound from 156.16 has already completed at 164.89. But downside momentum remained unconvincing. Also, with a temporary low formed at 159.74, initial bias is neutral this week first. On the downside, below 159.74 will target 156.16 support. On the upside, break of 162.89 will bring retest of 164.89 […]
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