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EUR/JPY: Race higher to face strong resistance at the 130.74 peak – Commerzbank

FXStreet.com
 25 days ago

Cover picture for the articleEUR/JPY has tested and is seeing a decent rebound from the 127.94 August low. In the view of Karen Jones, Team Head FICC Technical Analysis Research at Commerzbank, the pair will meet tough resistance at the 130.10/74 region. “Rallies will find initial resistance at 129.57/66 (55 and 200-day ma) ahead...

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