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Symmetrical Triangle Forming.........>

EURO-YEN TECHS
EURO-YEN TECHS: Symmetrical Triangle Forming
EURJPY is starting to form a symmetrical triangle pattern with pressure leaning
to the downside. Bears target a close below 128.32, before focusing on the
128.00 level. Below here opens the Oct 26 low at 126.64, ahead of the Aug 15 low
at 124.91. Bulls initially need a close above the 100-dma at 129.35 to build on
upside momentum. A break of the 200-dma at 129.81 shifts the outlook more
bullish, targeting the Sep highs.

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