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EUR/JPY bears gunning for Fibonacci support sub-130

Discussion in 'Technical Analysis' started by FXStreet_Team, Dec 29, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Markets are mostly – wait for it – quiet in between-holiday trade as the sun rises on another trading day in North America. As my colleague Fawad Razaqzada noted earlier today , equities are trading higher across the board as are most commodities, while the US dollar is generally steady. Continuing our trend of taking a slightly longer-term look at major currency pairs ahead of 2016, we wanted to put EUR/JPY under the microscope next. Not surprisingly, the single currency has been generally

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