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October 2, 2012

EUR/JPY - Bouncing on support area near 99.52

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• EUR/JPY saw some strength yesterday close to the support at 99.52. Monitor the hourly resistance is at 101.05 (25/09/2012 high). Shortterm resistance is at 102.10 (21/09/2012 low). • EUR/JPY is moving in a long-term downtrend. However, the medium-term oscillators favour a test of this downtr... FF News: Technical

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