"EUR/JPY latest break above key-resistance between 100.67 and 101.65 -0. 38.2 %/-last major top in provides a strong reversal signal . Confirming this reversal is the daily
lagging line which displayed two consecutive higher close above the
cloud currently at 101.63.
Such a break, according to JPM, gives room to challenge the last major
resistance barrier on big scale at 107.36/108.60.
On the downside, breaks below 100.67 & 99.50-minor 38.2 %would
on the other hand reverse the positive bias again"
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