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EUR/JPY Technical Analysis 04.23.2013

Ilya Spivak

EUR/JPY Technical Analysis- Prices are testing support at 128.28, the 23.6% Fibonacci retracement, with a break below that aiming for the 38.2% level at 126.53. Near-term swing high resistance barriers line up at 130.66 and 131.11.

Forex_EURJPY_Technical_Analysis_04.23.2013_body_Picture_5.png, EUR/JPY Technical Analysis 04.23.2013

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--- Written by Ilya Spivak, Currency Strategist for Dailyfx.com

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