EUR/JPY retreated after edging high to 172.99 last week. The development suggests that corrective pattern from 173.87 is still extending. Deeper fall might be seen but downside should be contained by 38.2% retracement of 161.06 to 173.87 at 168.97 to bring rebound. On the upside, above 172.99 will bring retest of 173.87. In the bigger […]
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