Forex: EUR/JPY Technical Analysis – Neckline Support Under Fire
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- Prices are testing below neckline support at 141.75
- A break lower on a daily closing basis exposes 140.15 (38.2% Fib ret.)
- Near-term resistance is at 143.16 (Jan 8 high), 145.68 (Dec 27 high)
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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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