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Trend Support Broken EURJPY has......>

EURO-YEN TECHS
EURO-YEN TECHS: Trend Support Broken
EURJPY has broken below major up trendline support, triggering a further bearish
signal. Momentum indicators are also giving clear bearish signals opening the
potential towards the 127.12 area. Medium term, the focus is likely to return to
the May low at 124.60. Former trendline support at 129.53 is now providing
initial resistance.

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