EUR/JPY manages to grab some buying interest and leaves behind two consecutive daily drops on Wednesday. In the meantime, the cross remains stuck with
In the meantime, the cross remains stuck within the consolidative range and the breakout of it exposes a visit to the so far monthly high of 158.65 prior to the 2023 top at 159.76 , which precedes the key round level at 160.00.
So far, the longer term positive outlook for the cross appears favoured while above the 200-day SMA, today at 149.65.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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