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EUR/JPY falls to 1-month low

FXStreet (Córdoba) - EUR/JPY came under pressure during the European session hurt by a very disappointing German industrial production reading, and the selloff has extended over American hours, taking the pair to a fresh 1-month low.

EUR/JPY broke below the 137.00 level and fell to its lowest level in a month at 136.55 before finding support and recovering slightly. At time of writing, the pair is trading at 136.80, still down 0.61% on the day.

Meanwhile, the Bank of Japan decided to leave policy unchanged overnight, having little impact on yen crosses.

EUR/JPY technical levels

In terms of technical levels, EUR/JPY could find immediate supports at 136.55 (Oct 7 low), 135.80 (Sept 5 low) and 135.71 (2014 low Aug 8). on the flip side, resistances are seen 137.75 (Oct 6 & 7 highs) and 138.00/02 (psychological level/100-day SMA).

AUD/JPY remains in ranges below 95.60

AUD/JPY continues to move sideways, hovering around 95.30. RBA decision and statement and the decline of the USD/JPY did not changed the current bias in the pair that holds steady below 95.60.
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USD/JPY is trading at 108.21, down -0.51% on the day, having posted a daily high at 109.25 and low at 108.11.
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