EUR rose against JPY, reaching 2-week high

Source: Forexpros

The Euro climbed versus the Yen, reaching 2-week high on China rate cut and successful auction of Spanish government debt. EUR/JPY reached 100.47, which is a two-week high, and consolidated at 100.43, gaining 0.80% in the European afternoon trading session. The pair's support was likely to be found at 99.35, and resistance was prone to be at 101.46.

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