Sphyn-Trader

EURJPY: New developments!

Short
Sphyn-Trader Updated   
OANDA:EURJPY   Euro / Japanese Yen
The EUR/JPY cross builds on the previous day's goodish rebound from the 155.80 region, or a one-week low and gains strong follow-through positive traction for the second successive day on Tuesday. The momentum lifts spot prices to over a two-week high, around mid-157.00s during the Asian session and is sponsored by the heavily offered tone surrounding the Japanese Yen (JPY).
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