Intraday bias in EUR/JPY remains neutral for the moment. With 131.86 intact, recent decline is expected to resume sooner rather than later. Below 126.89 will target 61.8% projection of 149.76 to 130.13 from 136.67 at 124.53 next. However, break of 131.86 will indicate short term bottoming and bring stronger rebound to 136.67 resistance.
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