Forex: EUR/JPY Technical Analysis – Resistance Now at 133.48
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- Prices recovering from rising channel bottom support to challenge 133.48 (14.6% Fib)
- A break higher initially targets 134.94 (Sep 19 high)
- Reversing below the channel bottom initially exposes 132.58 (23.6% 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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