Forex: EUR/JPY Technical Analysis – Euro Stalls Above 132.00
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- Prices are testing support at 132.12 (50% Fib)
- A break below that targets a rising trend line set from June (131.52)
- Near-term resistance is at 132.78 (38.2% Fib), followed by 133.60 (23.65 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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