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EURO-YEN: Currently trades at Y132.44 at the upper side of the Y132.10 to
Y132.46 range seen so far today, where with the lack of any clear drivers
consolidation has been the theme. Resistance lies at Y132.52 (38.2% fib on
yesterday's Y133.24 to Y132.08 decline), a break to expose Y132.66 (50% fib on
the same move), while support is found at Y132.10/08 (Asia's & Nov27 lows).
Further range trading seems likely ahead of the European open and release of
French & German consumer confidence data.