EUR/JPY relevant levels
At the moment the cross is retreating 0.05% at 120.04 and a breach of 119.53 (55-day SMA) would expose 119.24 (monthly low Nov.14) and finally 117.07 (monthly low Oct.7). On the flip side, the next up barrier emerges at 120.68 (high Nov.18) seconded by 121.47 (monthly high Oct.31) and then 121.74 (200-day SMA).
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