Wednesday, 10 October 2018

EUR/JPY Weekly Technical Outlook– Price Reversal Eyes Initial Support

Price reversed off multi-year slope resistance last month with the decline now targeting initial support. Here are the levels that matter on the EUR/JPY weekly chart.

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ECB Leaves Rates Unchanged, Rate Cut Looms, EUR/USD Steady Ahead of Press Conference

The European Central Bank left all three official rates unchanged as expected. Traders are now focusing on the press conference for any clue...