EURJPY Bounces Off One-Month Low but Faces Selling Pressure
The EURJPY cross experiences a mild rebound from a nearly one-month low reached during the Asian session. The trading hovers around the 160.00 psychological level, although bullish momentum appears weak. The diverse policy stances of the Bank of Japan and the European Central Bank limit further upward movements, leading to the notion that this may present selling opportunities for traders. Ongoing news and updates should be monitored at Entreprenerdly.com.
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