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EURJPY erases gains. Moves back toward 38.2% retracement.
The EURJPY has come tumbling down and erased all the gains - and then some - as London/European traders closed the books on the month of February.
Looking at the hourly chart above the pair raced higher in the late Asian/ early European session helped initially by the USDJPY moving higher. Shortly thereafter, the EURUSD kicked in helped by the stronger CPI data in Europe.
The price moved up to a high of 145.46 before starting tumble back to the downside into the London fixing... Read More
Posted: Feb 28 2023, 17:14
Author Name: forexlive
Views: 102083
