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EURJPY traded higher last week, resulting in a breach of the 50-day EMA, at 161.52. Key short-term resistance is unchanged at 163.49, the Sep 27 high (pierced), and 163.89, the Aug 15 high. A clear break of both price points would highlight a potential reversal. For now, trend signals are bearish and gains are still considered corrective. A reversal lower and a resumption of bearish price action would open 154.42, Aug 5 low and the bear trigger.