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EURJPY: Loses Upside Momentum, Weakens

Discussion in 'Technical Analysis' started by ActionForex.com, Dec 14, 2009.

  1. ActionForex.com

    ActionForex.com Content Contributor

    Dec 24, 2007
    Likes Received:
    The cross has triggered downside weakness in early trading today after losing momentum AT 134.53 and reversing almost all of its previous week gains on Friday. The current price action has turned downside risk towards the 128.77 level, its Dec 09’09 low with a turn below there targeting the 126.83...

    complete article here...

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