EUR/JPY edged higher to 173.21 last week but turned sideway since then. Initial bias remains neutral this week first. Further rise is expected as long as 170.78 support holds. On the upside, break of 173.21 will target 138.2% projection of 154.77 to 164.16 from 161.06 at 174.03. Break there will bring retest of 175.41 high. […]

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