EUR/JPY - The corrective phase is approaching its first support area

EUR / USD Moving lower. EUR/USD posted a lower low yesterday, confirming the recent Euro weakness. A further corrective phase is favoured and should lead to a test of the support at 1.2755 (11/09/2012 low, see also 38.2% retracement from previous rise) in the short-term. Short-term resistance... FF News: Technical

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