EUR/JPY Weekly Outlook

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EUR/JPY stayed in consolidation above 126.89 last week and outlook is unchanged. Initial bias stays neutral this week first. 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



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