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11:45 (CET) - EurJpy
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The pair had a flat day yesterday, consolidating the upwards trendline. Today, the price is less volatile, which helped the price to form a downwards triangle. 130.90 and the base of the range, 130.60, are the supports that could make the price rebound the fibo 23.60% (from the 112 low to 139.4), at 133 yens per euro. The loss of 130.60 would take the price to a decline to 129.78, an area of potential upwards rebound. If it loses that level, the pair will go to 129 yens per euro.
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