Further Euro Weakness Likely versus Yen
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Trade Implications – EURJPY: Traders have consistently bought into recent EURJPY declines, and we see a number of key factors which suggest the pair may fall to further lows on a broader Euro turn lower.
See next currency section:EURUSD - Euro Forecast favors Weakness
--- Written by David Rodriguez, Quantitative Strategist for DailyFX.com
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.