Forex: EUR/JPY Technical Analysis – Channel Top Under Pressure
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- Prices are moving to test falling channel resistance at 141.32
- Breaking higher initially exposes 142.53 (23.6% Fib exp.)
- Support is in the 139.12-29 area (Jan 27 low, channel support)
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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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