Wednesd4y

EUR/JPY analysis: Could edge lower

Short
FOREXCOM:EURJPY   Euro / Japanese Yen
The Eurozone single currency declined by 34 pips or 0.27% against the Japanese Yen on Tuesday. The decline was stopped by a support line at 126.45 during yesterday's trading session.
All things being equal, the EUR/JPY exchange rate could continue to edge lower during the following trading session. Bearish traders might target the 126.30 level today.
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