EUR/JPY Price Analysis: Key Upside Barrier Seen at 156.90–157.00 Zone

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<p>EUR/JPY gains ground near 155.61 on Wednesday. The cross maintains a bearish outlook below the key EMA; the RSI indicator stands below the 50 midline. The first upside barrier will emerge at 156.38; 155.05 acts as an initial support level for EUR/JPY. The EUR/JPY cross recovers some lost ground above the mid-155.00s during the early […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/533641-eur-jpy-price-analysis-key-upside-barrier-seen-at-156-90-157-00-zone/">EUR/JPY Price Analysis: Key Upside Barrier Seen at 156.90–157.00 Zone</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>