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Back Technical analysis
EUR/JPY. Analysis and Forecast
Today, the pair interrupted a two-day
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Today, the pair interrupted a two-day decline and is moving higher, heading toward the December high. At the same time, the 14-day Relative Strength Index (RSI) has exited the overbought zone, supporting a positive bias for EUR/JPY.Prices are holding above the 9-day Exponential Moving Average (EMA), with the 9-day EMA positioned above the 14-day EMA, confirming a positive outlook for the pair. Both moving averages are rising, reinforcing the bullish structure.The EUR/JPY pair may rebound toward the all-time high of
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Irina Yanina,
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