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Old 03-04-2010, 07:13 AM
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Default EUR/JPY Daily Outlook

EUR/JPY's consolidation might be in progress and further sideway trading could be seen. But after all, even in case of another rise, upside is expected to be limited by 122.60 resistance and bring fall resumption. Below 119.64 will target 61.8% projection of 134.36 to 120.69 from 125.22 at 116.77 next.
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