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EURJPY TECHS

Resumes Its Downtrend

USDJPY TECHS

Testing Its 50-Day EMA

OUTLOOK

Fed Speakers Still on Tap Includes Chairman Powell

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  • Early trade and one of the chart that continues to pique interest this month, is the EURSEK.
  • The pair is once again testing session low, albeit just shy of the 9.9707 printed low last Friday, also the lowest level since February 2018..
  • A clear break through the latter opens to 9.9193 initially

Chart source: Bloomberg