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EUR/USD: Prices In Line With S/T Drivers; EUR/JPY: Scope For A Push Lower Near 127.50

By TD via eFXNews

TD Research discusses EUR/USD and EUR/JPY outlook and stays tactically neutral on both but highlights a room for EUR/JPY to push towards the next support level into 127.50.

“The EURUSD is trading mostly where it should given the read on our HFFV and other short-term drivers. European bank shares are notable underpeformers today, reflecting the rise in the BTP/Bund spread and pain across Italian banks.

EURJPY probably has a some room to push lower in the short-run, eyeing support near 127.50,” TD argues.

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