USD/JPY risks a test of 120.85 – Commerzbank

According to Karen Jones, Head of FICC Technical Analysis at Commerzbank, the pair could slip lower to test the 120.85 level...
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EUR/USD up and down it goes, eyes 1.0970

After a brief knee-jerk to the area of 1.0940 in early trade, EUR/USD is now returning to the upper bound of the range near 1.0960/70...
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