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EUR/JPY Weekly Outlook

Discussion in 'Forex Daily News & Outlook' started by ActionForex.com, Jan 27, 2008.

  1. ActionForex.com

    ActionForex.com Content Contributor

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    EUR/JPY's fall from 166.64 was contained at 152.11 last week, just missing 161.8% projection of 167.72 to 158.67 from 166.64 at 152.00 and rebounded strongly. Violation of 158.67 support turned resistance suggests that such decline from 167.72 has completed. Having said that, initial bias will stay on the upside this...

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