The EURJPY spiked into 126.38, which happens to be pivot point resistance 1 on a daily basis. Resistance is reinforced by a former support line drawn off of lows on 10/31, 11/4, and 11/6. Relatively, the EURJPY remains at the top of its recent range; the EURJPY is vulnerable to weakness below 122.44 and an eventual drop below 120 early next week.
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