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Chart Of The Day: EUR/JPY

Discussion in 'Technical Analysis' started by ActionForex.com, Apr 27, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    Price action on EUR/JPY, a daily chart of which is shown, is continuing to display its bearishness after breaking down below a key parallel uptrend channel two weeks ago. After the channel breakdown, price found its downside target and stalled just above the major 126.00 support/resistance level before making a...

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