Forex: EUR/JPY Technical Analysis – Resistance Met Below 139.00
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- Prices invalidated topping cues to break above resistance at 137.71 (76.4% Fib expansion)
- Resistance is now at 138.82 (100% Fib); above that aims for 139.94 (123.6% Fib)
- A turn back below 137.71 aims for 137.02 (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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