The Euro
versus the Yen has come back to its bearish trend amid a rise in risk aversion,
which has caused the Yen to strengthen. At the moment, the pair is trying to
break below the 133.00 round number level and if the breakdown is confirmed
then we could see a visit to the 132.00 level. To the upside, if the price goes
back above the 133.00, then the 134.00 could act as its next resistance.
Excellent Analysis! Thanks.
ReplyDeleteThank you for the analysis.
ReplyDeleteGood to know, thanks.
ReplyDeleteGreat assessment!
ReplyDeleteEur/Jpy is struggling to hold above 133.00 level.
ReplyDeleteVery good analysis.
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ReplyDeleteTotally agree with your analysis, thank you.
ReplyDeleteVery useful information.
ReplyDelete