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SMA cross injuring EUR/JPY

The bearish offensive in EUR/JPY has resulted in a cross of the 50-period below the 200-period SMA.

The signal emerged on 4-hour charts further deteriorating the near-term EUR/JPY price structure. While conservative sellers will wait for a close below recent support as a confirmation of a forthcoming lower low, more aggressive participants will expect a re-test of the crossover level to prove benevolent for continued downside.

Czech Republic Producer Price Index (MoM): 0% (July) vs previous 0.3%

Czech Republic Producer Price Index (MoM): 0% (July) vs previous 0.3%
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Czech Republic Producer Price Index (YoY): -4% (July) vs -4.4%

Czech Republic Producer Price Index (YoY): -4% (July) vs -4.4%
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