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EUR/JPY analysis todayto Nov. 28, 2019



EUR/JPY intraday: as long as 120.12 is support look for 121.15
Our pivot point stands at 120.12.

Our preference: as long as 120.12 is support look for 121.15.

Alternative scenario: below 120.12, expect 119.73 and 119.50.


Comment: the RSI is above 50. The MACD is positive and below its signal line. The pair could retrace. Moreover, the pair is trading under its 20 MA (120.47) but above its 50 MA (120.31).


Supports and resistances:

121.61 **
121.38 *
121.15 **
120.92
120.43 last
120.28
120.12 **
119.73 *
119.50 
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