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proacttraders's Commentaries

Aug 13 2010

EurJpy

by proacttraders
Overall Rating: Average rating is: 0 stars.


We have a nice bear blag on the cross sitting at 110.00 right below the .618 retracement of last weeks swing high/low.  A Break of the flag suggests a move to the  .786 fib at 108.91.  further targets are at 108.64 then 107.27 support.  Upside resistance is at 111.03.

EURJPY-tod.jpg



Tags: eurjpy | currency-market-updates | currencies
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