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EUR/JPY Rebounds From Lows But Downside Pressure Remains

Discussion in 'Technical Analysis' started by Kaitlin, Jun 29, 2016.

  1. Kaitlin

    Kaitlin Forum Member

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    Both sterling and the euro found some relief on Tuesday with relatively modest bounces as profit-taking on short positions occurred after recent sharp declines, and the markets took a tentative breather from Brexit concerns. As may have been expected on such a breather, global stocks also generally bounced and safe[​IMG]

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