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Close Above 123 Needed to............>

EURO-YEN TECHS
EURO-YEN TECHS: Close Above 123 Needed to Stabilise Outlook
EURJPY extended the recovery of yesterday's multi-month lows to 123.62, before
fading. Headlines are expected to drive markets today with bulls now targeting a
break of the 124 level & channel top resistance at 124.12. Bears need a move
back under 123.00 to put the focus back on yesterday's low at 122.49, ahead of
the 61.8% retracement of the 2019 range at 122.07.

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