EUR/JPY holds gains above 5-DMA, euro ignores disappointing German factory data EUR/JPY downside on account of bearish RSI divergence has retraced above 21-EMA. Major trend in the pair is bullish.
Retrace above 21-EMA has raised scope for upside resumption. Next major bull target is 140 (yearly high).
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.