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USDJPY bulls returned to play; focus at 123.59 and 124.14 peaks

Discussion in 'Technical Analysis' started by FXStreet_Team, Nov 17, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    EURUSD The Euro maintains firm bearish tone, as fresh weakness met initial target at 1.0660, on extension to 1.0642, seen so far. The pair eyes immediate target at psychological 1.06 support and 1.0519, 13 Apr low, seen on extension lower.. Key short-term support at 1.0461, low of 13 Mar 2013, is coming in focus, as Euro remains under strong pressure. Completion of Mar/Aug 1.0461/1.1712 corrective phase, is seen as likely short-term scenario. Falling daily 10SMA / Tenkan-sen line, continue to

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