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October 18, 2012

EUR/JPY Threatens a Falling Wedge that Started From 2010

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Sharp rally: The EUR/JPY is making a new high since rallying from the July low of 94.10, as it pushes above the 103.86 resistance pivot. The rally has been holding above a rising trendline, and the RSI has tagged 70, now a 3rd time, without falling under 40, and even staying above 50. This strong... FF News: Technical

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