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December 12, 2024

EUR JPY Price Forecast Indicates Resumption of Uptrend Above 160.00

EUR JPY Price Forecast shows a noticeable uptrend within an ascending trend channel above the 160.00 mark. This upward momentum is encouraging for traders who are looking for bullish positions. Technical analysis indicates that bullish sentiment might prevail, as the currency pair sets its sights on higher resistance levels in the near future. Traders should remain alert to potential influences from economic data releases or central bank announcements that might impact the EUR JPY trajectory.

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