EUR / JPY intraday: bearish below 118.72
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* 118.72 is our pivot point.
Our preference: bearish below 118.72.
Alternative scenario: the overflow of 118.75, will validate an increase on 119.37 and 119.75.
Comment: the RSI is below its 50 neutral zone. The MACD is negative and below its signal line. The configuration is bearish. In addition, prices are below their moving averages 20 and 50 (located at 118.38 and 118.40 respectively).


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