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EUR/JPY Price Analysis: Surges above 158.00, but downtrend remains intact

Started by forex4you, Jan 05, 2024, 07:01 am

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EUR/JPY Price Analysis: Surges above 158.00, but downtrend remains intact

The EUR/JPY rallied on Thursday by more than 1%, but it remains below the Ichimoku Cloud (Kumo), meaning that its bearish bias stays intact.

Source: EUR/JPY Price Analysis: Surges above 158.00, but downtrend remains intact
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