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EUR/JPY bias for 128.52 fibo level

  • Underlying scope for 128.52; once it takes 129.00

  • 128.52 - 38.2% retrace of the 94.12 to 149.49 - 2012 to 2014 gains

  • Long black candlestick line on Tues weighs heavily on the market

  • Tenkan & kijun lines are aligned negatively, adding to the bearish structure

 

  • Market Data
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