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EURJPY improves to Y125.50 and seen........>

EURO-YEN
EURO-YEN: EURJPY improves to Y125.50 and seen approaching the Y125.50/55 level
which has registered a series of previous highs. The 50% retracement of the
March fall Y127.50-123.66 is placed behind at Y125.58, with a break opening the
potential of a move toward the 100-dma at Y125.95.  

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