EUR/JPY back above Fibonacci projection at 137.90 on German political agreement
FXstreet.com (Barcelona) – The EUR/JPY may have just been pushed back into bull mode early Wednesday by news out of Germany of an agreement between Angela Merkel and her political opponents.
EUR/JPY traders to be watching German data in addition to wires for more from Merkel
With no data due out of Japan Wednesday, EUR/JPY traders will not only continue to react to the news of political agreement in Germany, but also to German Consumer Confidence and the 10-year German Bund auction which will be released later in the session.
Technical outlook for EUR/JPY
Technicians say the <a target=_self …read more