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February 16, 2012

Yen Crosses Going Parabolic Before Reversing?

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"The upside remains favored in the EURJPY towards at least 10440 (100% extension), channel resistance, which is at about 10520 on Friday (increases about 20 pips per day), and the December high at 10570. Near term support is 10330 and 10295. The 200 day average is above 10700 and could come into... FF News: Technical

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