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EUR/JPY Price Analysis: Bears assert their dominance, push the pair the below 20-day SMA

In Tuesday’s session, the EUR/JPY pair endured significant selling pressure pushing below the cross below the strong support level of the 20-day Simple Moving Average (SMA) at 169.30, and touching a low of 168.50.

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This article was written by Greg Michalowski at www.forexlive.com.