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6th November 2009, 07:08
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EURJPY Outlook
The EURJPY attempted to push lower, slipped below my trendline support, bottomed at 133.35 but whipsawed to the upside and closed higher at 134.95. Another technical mess Although this fact indicating potential upside scenario with 136.08 as potential target, I still prefer to stand aside for now until all these noises from important economic data is over. I hope we already have clearer direction next week. Immediate support at 134.45 and the trendline support area.
 
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