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It has been a less than auspicious start...>

EURO-YEN
EURO-YEN: It has been a less than auspicious start to the new trading day, the
cross holding a narrow Y130.59 to Y130.72 range. Japan's Trade and Current
Account data has come and gone without too much fanfare. Up next, the opening of
Japanese equity markets, Nikkei futures close in New York +0.05%. Key-resistance
is noted at Y130.90 which marks the 61.8% fib retracement on the Y131.40-Y130.10
decline, while hourly support lies around Y130.50. Euro-yen was last at Y130.59.

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