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Long Term Fibo Support Under.........>

EURO-YEN TECHS
EURO-YEN TECHS: Long Term Fibo Support Under Pressure
The 38.2% retracement from 2012 lows to 2014 highs at 128.52 continues to remain
under pressure with yesterday's selloff finding some support just below the Oct
18 low. A break below yesterday's low lies the Oct 9 low at 127.87, and a break
of this level opens the Aug lows below 126. For bulls to maintain control, the
129.00 level needs to be recovered. A break above Monday's spike high of 130.20
to set up a run at the double-top resistance area & 200-dma at 130.50/59.

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