(128,40) The EUR/JPY confirmed yesterday further consolidation interior the inside day with 131,00 – 128,55 still the levels to follow. However, this morning the cross broke the support suggesting further weakness toward the 127,20 level where we find a support line or even a neck line of a potential S_H_S formation. A break also below this level will open the way for a possible drop toward 120!!
Read the full report: EURJPY 07.10
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