EUR/JPY Technical Analysis: Scope for another visit to the 126.00 area, 10-day SMA
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The cross is prolonging the correction higher since last week’s multi-day lows in the 124.25/30 band.
EUR/JPY now re-targets the 126.00 neighbourhood, where coincide early February peaks and the 10-day SMA.
Looking at the broader picture, the upside in the cross appears propped up by the short-term support line at 124.80.


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