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***The collapse of the German coalition....>

EURO-YEN
EURO-YEN: ***The collapse of the German coalition talks has seen the cross
extend losses to Y131.17. It is likely the opening of Japanese markets has
provided some much needed liquidity, the cross since climbing back to around
Y131.45. The word on the street is, Merkel will now either have to try and form
a minority government with the Greens or a another election maybe called.
Support has been found near to the 100-dma, currently at Y131.24, key-support is
seen at Y131.03 (50% fib Y127.56-134.50). 

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