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EUR/JPY Technical Analysis: Breakout of 126.00 allows a test of YTD peaks at 127.50

  • EUR/JPY is flirting with the key short-term resistance line in the low-126.00s on the back of positive mood in the risk-associated complex.
  • The cross has so far managed to break above the multi-session sideline theme prevailing since the start of April and in doing so has opened the door for a probable test of 127.00 and beyond, where is located the 2019 high.
  • A surpass of yearly highs at 127.50 should help the cross to attempt a visit to the critical 200-day SMA at 127.68.

EUR/JPY daily chart

 

Indonesia: Markets await political clarity - ANZ

ANZ analysts point out that the Indonesia will hold its first ever simultaneous presidential and legislative elections next Wednesday, 17 April and wi
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US Dollar Index Technical Analysis: Upside in the greenback stays capped by the 10-day SMA just below 97.20

DXY daily chart Dollar Index Spot Overview Today last price 97.01 Today Daily Change 23 Today Daily Change % -0.19 Today daily open 97.19 Trends Daily
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