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EUR/JPY slips, key 138 supports back in play

Tuesday, June 23, 2015 1:48 PM UTC

EUR/JPY Jun 12 low, 38.2% of May-Jun rise & up TrendLine from Apr all by 138 on Wed
EUR/USD bulls demoralized by topside failure despite good PMIs & Greece
200-DMA at 137.32, 50% Fibo & Kijun at 137.08 if 138 is broken below
Recent rejections shy of June's 141.02/06 double-top strands recent longs
EUR sold despite, or because of, Greek deal hopes, as FX hedges surge
EZ stocks & peripheral bonds rally, though Bund yields up on core spreading

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EUR/JPY slips, key 138 supports back in play

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