EURJPY rises to the 100 hour MA and has a cause for pause
Stocks help risk on flows into the JPY crosses
The EURJPY is rising with 5 of the last 6 hours seeing higher levels. The run to the upside has been helped by rising stocks. The Nikkei is up about 0.9%. The Shanghai composite is up 1.3%. The S&P/ASX is up 0.75%.
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