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  • Forex Update: As of 07:00, these are your best and worst performers based on the London trading schedule: 🇨🇦CAD: 0.02% 🇨🇭CHF: 0.02% 🇪🇺EUR: 0.02% 🇯🇵JPY: -0.08% 🇳🇿NZD: -0.17% 🇦🇺AUD: -0.18% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/iGs9KfJhKR
  • 🇨🇭 KOF Leading Indicators (JUL) Actual: 129.8 Expected: 130 Previous: 133.3 https://www.dailyfx.com/economic-calendar#2021-07-30
  • 🇪🇸 GDP Growth Rate QoQ Flash (Q2) Actual: 2.8% Expected: 2.2% Previous: -0.4% https://www.dailyfx.com/economic-calendar#2021-07-30
  • 🇪🇸 GDP Growth Rate YoY Flash (Q2) Actual: 19.8% Expected: 19% Previous: -4.2% https://www.dailyfx.com/economic-calendar#2021-07-30
  • 🇮🇹 Unemployment Rate (JUN) Actual: 9.7% Expected: 10.4% Previous: 10.2% https://www.dailyfx.com/economic-calendar#2021-07-30
  • Indices Update: As of 07:00, these are your best and worst performers based on the London trading schedule: Wall Street: -0.42% France 40: -0.46% FTSE 100: -0.79% Germany 30: -0.87% US 500: -0.87% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/r2ijfBLtbq
  • 🇫🇷 Inflation Rate YoY Prel (JUL) Actual: 1.2% Expected: 1% Previous: 1.5% https://www.dailyfx.com/economic-calendar#2021-07-30
  • Heads Up:🇨🇭 KOF Leading Indicators (JUL) due at 07:00 GMT (15min) Expected: 130 Previous: 133.4 https://www.dailyfx.com/economic-calendar#2021-07-30
  • Heads Up:🇪🇸 GDP Growth Rate QoQ Flash (Q2) due at 07:00 GMT (15min) Expected: 2.2% Previous: -0.4% https://www.dailyfx.com/economic-calendar#2021-07-30
  • Heads Up:🇪🇸 GDP Growth Rate YoY Flash (Q2) due at 07:00 GMT (15min) Expected: 19% Previous: -4.2% https://www.dailyfx.com/economic-calendar#2021-07-30
EUR/JPY Classical Technical Report 06.13

EUR/JPY Classical Technical Report 06.13

Joel Kruger, Technical Strategist
daily_classical_eurjpy_body_eur.png, EUR/JPY Classical Technical Report 06.13

EUR/JPY:Setbacks have finally stalled out ahead of 95.00 and with daily studies violently oversold, the market is now looking for a healthy corrective bounce. However, we still contend that this corrective bounce could develop into something more significant, and prospects for a major longer-term base from current level is not to be ruled out. Look for a break and close back above 100.00 to help reaffirm our bullish outlook.

--- Written by Joel Kruger, Technical Currency Strategist

To contact Joel Kruger, email jskruger@dailyfx.com. Follow me on Twitter @JoelKruger

To be added to Joel Kruger’s distribution list, send an email with subject line “Distribution List” to jskruger@dailyfx.com

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