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EUR/JPY trades at Y127.99 at writing,......>

EURO-YEN
EURO-YEN: EUR/JPY trades at Y127.99 at writing, climbing on the back of positive
news re: Brexit. 
- Yesterday, the rate initially edged higher on the back of over performing
equities, before JPY month-end demand pressured. 
- Markets saw muted reaction to yesterday's data releases as EZ CPI &
unemployment fell in line with expectations. Similarly, yesterday's BoJ MonPol
decision brought no surprises. 
- Initial bullish target falls on yesterday's Asia-Pac high at Y128.54. A break
above would give a green light to challenging the cloud base resistance at
Y129.02. Conversely, bears need a clean break below yesterday's lows of Y127.66
before targeting the Oct 29 low at Y126.25.

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