EURJPY extends steep fall into fifth straight day and hit 11-week low in early Thursday (down 1% in Asian session). Recent interventions by Japan’s authorities boosted yen across the board and fresh strength gained strong momentum, suggesting that the currency could rise further. Wednesday’s close below pivotal support at 166.91 (daily cloud base / Fibo […]

The post EUR/JPY Outlook: Falls to New Multi-Week Low After Break of Key Support appeared first on Action Forex.

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