The currency pair Euro and Japanese Yen is at a fairly high level of resistance. Several times touching this mark, the asset fought back and made a rollback. This level will probably be no exception. Moreover, the situation in the European Union may affect the fall of the Euro. Most likely, the drawdown will not be deep, after which the Euro will restore its growth and most likely break the resistance level
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.