💹EUR/JPY ANALYSIS💹
EUR/JPY has topped near- term at 130.74 and is likely to come under further downside pressure.
Nearby support is the 129.50/52 200-day ma ahead of the 128.60 mid-July low and 127.95, the recent low. This is reinforced by the 55-week ma at 128.11 and while above here an upside bias is maintained longer term.
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