© Dukascopy Bank
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Daily minimum: 101.66
The common European currency continued its recovery versus the Yen as investors expect the Christmas rally will make the European retailers benefit from it; thus, the daily forecast mean at 101.90 has been hit.
Daily Resistance: 102.13; 102.40; 102.61.
Daily Support: 101.65; 101.44; 101.17.
Daily Bias: Bearish.