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13:45 (CET) - EurJpy
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The pair hit yesterday's low at 129.80 and also 129.67, where it didn't rebound yet. The pair is now making higher lows, which could anticipate a rebound up to 130.40 yens per euro, before a new decline. 130.40 is the 38.2 fibo in the one hour graphic. If that level is broken, we could see advances to 131 with 130.91 and 130.61 as main barriers. The current price structure is bearish, with which a new contact with 129.80 could break to 128. If it's broken, we'll have a large downside strength.
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