Euro / Japanese Yen
Short
Updated

EURJPY: Asian foreign exchange decline, dollar stable; The Yen c

195
Japanese Yen weakened after intervention, USDJPY increased

Markets are now looking for more information on Japan's inflation and wage growth to gauge whether the Bank of Japan will raise interest rates further this year, which is expected to bring some relief for the Japanese currency.
Note
EURJPY SELL 166.70

TP1: 166.40
TP2: 166.10

SL: 167.20

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