According to analysts of Tokyo-Mitsubishi UFJ, the euro may fall relative to the yen to 5-week minimum: Momentum indicators show the signal to sell the European currency. Euro could fall to 90-day moving average at 124.38. Over the past three days, the currency has already Breaks 21-day moving average line and support at 131.82. According to bank analysts, the euro / yen definitely changed direction. Euro resumed its down trend, and in the short term will likely continue to fall.
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