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Multiyear Fibo Broken EURJPY took....>

EURO-YEN TECHS
EURO-YEN TECHS: Multiyear Fibo Broken
EURJPY took out and closed below the 38.2% retracement from 2012 lows to 2014
highs yesterday at 128.52. However, support is currently holding around the 10
Sep low at 127.87. Below here, the 124.91 Aug 15 low is the next downside
target. For bulls to regain control, the 128.52 level needs to be recovered, but
downside momentum is building.

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