we can see from the chart that the pair has closed its daily candle below 103.00, that means the downtrend is expected and the pair may head to 102.50 then 102.20, but the pair makes an hourly correction and EUR / JPY moves in a choppy sideway trade above 108.01 term short last week. Late recovery is of the opinion that a decline greater than 123.31 is not ready to proceed and this week's initial neutral bias.


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