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1st October 2009, 08:05
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EURJPY - 120 Pips Trading Range
A trading range has evolved at the EURJPY pair. Price is strongly bound by two horizontal support and resistance levels: 131.8 and 130.6. These levels have been tested for 3-4 times and are considered highly reliable.
Trading: The main direction is upwards. I expect price to break Resistance - and I would join the trend at the pullback to the broken Resistance level. More Analysis and Trading Articles http://www.chartsecret.com/content/eurjpy-trading-range 
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