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October 13, 2012

EUR/JPY - Potential higher low in place - MIG Bank

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EUR/JPY rose yesterday setting a potential higher low (compared to the 27/09/2012 low). Monitor the resistance implied by the short-term declining trendline (around 102.40). An hourly support is at 101.22 (intraday low). EUR/JPY is moving in a long-term downtrend (linking the October 2009 top wit... FF News: Technical

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