EURJPY next upside target set!

The EUR/JPY is still contained inside 131.00-.70 with option expiry interest from 131.50 (1.1 bn) perhaps keeping EUR/JPY underpinned on return of Japanese markets following Golden Week.

Meanwhile, the Euro may have derived some comfort or momentum from better than expected Eurozone data as retail sales and German industrial orders both beat expectations.

Next upside is 133.00 for EUR/JPY!
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