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EURJPY CORRECTING DOWNWARDS

Short
FX:EURJPY   Euro / Japanese Yen
AUDJPY price has broken down the channel ascending upwards so we expect a major correction towards the downside.
According to Reuters, Bank of Japan Governor Haruhiko Kuroda stated on Wednesday that the worldwide spike in inflation is one of the main difficulties confronting central banks.
Inconsistencies about geopolitical risks are particularly high, according to Kuroda, and they might put downward pressure on the global economy by reducing trade and eroding confidence.
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