Forex: EUR/JPY Technical Analysis – Trend Line in Focus
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Talking Points
Prices are testing falling trend line resistance-turned-support at 131.89
Break downward aims for rising channel support at 130.43
Near-term resistance is in the 133.58-81 (channel top, May 22 high)
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Daily Chart - Created Using FXCM Marketscope 2.0
--- Written by Ilya Spivak, Currency Strategist for DailyFX.com
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