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EUR/JPY's break of 132.85 resistance indicates that rally from 124.35 has resumed, targeting 137.38 high and above. However, note that we're still expecting strong resistance as EUR/JPY approaches 50% retracement of 169.96 to 112.10 at 141.03 and bring reversal. On the downside, below 129.85 support will suggest that rise from...

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admin
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Wednesday, May 6th, 2009 at 11:35 pm
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