EUR/JPY – In the midst of a corrective phase

EUR/JPY remains in the midst of a short-term corrective phase. However, longer-term, we note the break over strong resistance at 123.33, suggesting scope for a return towards 139.22 over the coming weeks and months. A break under 1.2350 would suggest scope for a move back down towards the 121….

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EUR/JPY – In the midst of a corrective phase

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