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Tuesday, April 2, 2013

$EURJPY UPDATE : 02 APRIL 2013

AS 5 HRS & DAILY TECHS ARE INDICATING A MOMENTUM UPWARD BIAS -  ABOVE 120.18 THE PAIR HAS GOT  POTENTIAL TO TEST 121.0 - 122.28  ; HOWEVER - WEEKLY REMAINS A FIRM BEARISH TREND - ALONG WITH MONTHLY TREND SUPPORTING THE DOWNSIDE - THE PAIR WILL BE TESTING 118.18 - 117.22 IN THE DAYS AHEAD - IF 119.28 IS VIOLATED THEN WE SHALL SEE PRICES TESTING 118 & 117.60 MARK SOONER THAN LATTER

LTP - 119.95
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