Forex: EUR/JPY stalls below the 130 handle

EUR/JPY is last at 129.74, off fresh 3-year highs at 130.10 printed in late NY trade on the back of Euro strength climbing barely above the 1.31 handle for first time since March 15. According to FXstreet.com Team: “persistent buying interest was spotted at 128.82/72 throughout last European session, after a strong wave of buyers came in producing a demand-sensitive level that still holds strong despite being tested in multiple occasions,” the analyst noted.
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