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  • EUR/JPY keeps navigating the lower end of the weekly range in sub-122.00 levels, where it is now looking for some consolidation.
  • Extra losses remain well on the cards and could see the 120.95 level (June 21 low) retested ahead of 120.78 (May lows).
  • Looking at the broader picture, the offered stance on EUR/JPY remains unchanged below the short-term resistance line, today at 123.13.