Forex: EUR/JPY Technical Analysis – Buyers Aim Above 133.00
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- Prices launched a recovery at the bottom of a bullish Triangle chart pattern
- Daily close above 132.70 (76.4% Fib expansion) exposes 133.75 (100% Fib)
- Near-term support is in the 131.94-132.00 area (Triangle top, 61.8% Fib)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com
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