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EUR/JPY pars gains to the downside

FXstreet.com (London) - The German Apr Retail Sales (MoM) decreased to -0.4% vs -0.1% in Mar. (YoY) 1.8% vs. -2.5%. There was little reaction in the pair.

EUR/JPY had otherwise performed well in the NA session, climbing to Tuesday’s highs 132.15, only to par losses overnight printing 131.37. The pair is fluctuating in a sideways channel beneath the breakout point to the downside of the ascending triangle pattern on the daily chart. It has failed to populate that space again through 132.50, so there is a bias towards drifting lower in an environment that Yen remains resilient.

EUR/GBP held sideways post German Retail Sales

The German Apr Retail Sales (MoM) decreased to -0.4% vs -0.1% in Mar. (YoY) 1.8% vs. -2.5%. There was little reaction in the pair.
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AUD/USD hovering over 0.9650

The Aussie dollar is taking it easy on Friday, orbiting around the mid 0.96s and extending yesterday decline after another failed attempt to surpass the key 0.9700 handle....
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