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August 8, 2012

EUR/JPY – Lower high potentially in place at 97.82

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EUR / USD Lower high sought in the current region. EUR/USD attempted to break over the 1.2443 high yesterday, meeting resistance once again. Scope is now seen for a lower high to form in this region for a fresh attempt to the downside. If a break under 1.2134 can be achieved (02/08/2012 low)... FF News: Technical

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