Intraday EUR/JPY: the pair remains under pressure and is challenging its support, the RSI is capped by a declining trend line. Suggests short positions below 111.10, with targets at 110.10 and 109.60 in extension. Above 111.10 look for further upside, with 111.75 and 112.40 as targets.
Weekly chart EUR/JPY trend: Bearish
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