EUR/JPY Classical Technical Report 10.28
EUR/JPY: The latest break back above 108.00 is significant in the short-term and confirms a fresh higher low by 104.75 ahead of the next upside extension. Look for gains to now extend into the 111.00 area over the coming days, while only back under 104.75 would compromise outlook and give reason for pause.
--- Written by Joel Kruger, Technical Currency Strategist
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