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Focus Back on The Downside EURJPY....>

EURO-YEN TECHS: Focus Back on The Downside
EURJPY failed to clear 126.50 with the corrective pullback extending to 125.58
amid broad risk-off flow. Despite a minor recovery above 126.00, focus remains
to the downside with momentum indicators generating fresh bearish signals.
Initial support is placed at 125.29 from the Aug 16 low, a break below here
opens 124.91/124.62. Bulls need to clear 126.50 to stabilise the short-term

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