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EUR/JPY Forms Ascending Triangle

Discussion in 'Technical Analysis' started by ActionForex.com, Jun 1, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    The EUR/JPY is testing its 6 month high, attempting to rally past the current resistance at the 137 price zone. The pair has been trading within the ascending triangle formation and has recently displayed strong bullish trade sentiment. Forex traders have recently become less risk adverse and have moved back...

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