The EUR/JPY is testing 3-month bullish trend line support after putting in a lower high last week. If rates can break through this level, it would expose support at 99.50 or 98.00. Risk appetite is clearly bearish, with U.S. stocks at 1-month lows, which could also pull down EUR/JPY and lead to a conclusive trend line break.
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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.