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Forex pairs in this Article » EUR/JPY
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Talking Points

  • Prices are testing above resistance at 132.78 (38.2% Fib)
  • A break higher targets 133.60 (23.6% Fib retracement)
  • Near-term support is at 132.12 (50% Fib); below that targets 131.43 (trend line)
Confirm your chart-based trade setups with the Technical Analyzer.

dailyclassics_eur-jpy_Copy_body_Picture_11.png, Forex: EUR/JPY Technical Analysis – Euro Attempts RecoveryDaily Chart - Created Using FXCM Marketscope 2.0

--- Written by Ilya Spivak, Currency Strategist for DailyFX.com

Contact and follow Ilya on Twitter: @IlyaSpivak

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