Euro / Japanese YenShort
Potential to revisit the 129.00 region...
Prior Analysis:
All rangebound vs their US rival, with the Euro contained between small parameters and not really gleaning any momentum from moderately better than expected ZEW economic sentiment or current conditions. Meanwhile, the Yen is even more confined from 109.29-10 awaiting Japanese trade data and the BoJ. EUR/JPY has recently come into the 130.50 zone with some potential to revisit the 129.00 region.
All rangebound vs their US rival, with the Euro contained between small parameters and not really gleaning any momentum from moderately better than expected ZEW economic sentiment or current conditions. Meanwhile, the Yen is even more confined from 109.29-10 awaiting Japanese trade data and the BoJ. EUR/JPY has recently come into the 130.50 zone with some potential to revisit the 129.00 region.
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