EUR/USD traded up to 1.0297 after stops above 1.0285 were triggered

The move higher was prompted by another slide in the USD/JPY nL1N2ZE00V

Sellers ahead of 1.0300 cap for now, but next resistance is at 1.0369

The 50% of 1.0787/10.9952 is at 1.0369 and the key 55-day MA is at 1.0427

The quick retreat back below 1.0270 may portend a false break has occurred

A move below the 10-day MA at 1.0211 would confirm that to be the case

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