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  • EUR/JPY keeps the bearish view unchanged so far this week, dropping and rebounding from new multi-week lows near 117.20.
  • Immediately to the downside emerges the late August low at 116.56 ahead of the 2019 low at 115.86 recorded on September 3rd.
  • On the broader view, while the 3-month resistance line at 119.09 caps the upside, the negative stance remains intact.

EUR/JPY daily chart