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July 19, 2012

EUR/JPY Testing/Cracking Consolidation and July Low

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The EUR/JPY started the week invalidating the bearish sign in the 1H chart noted in the previous update (though the 4H chart still maintains the bearish bias). Throughout the week so far, the EUR/JPY has been consolidating, with a retracement from Monday's (7/16) and July's low of 96.15 back up to... FF News: Technical

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