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Daily Forecast for Crosses: January 26
Jan 26, 2012 @ 04:20am

Setyo Wibowo writes:

EURJPY FORECAST The EURJPY continued its bullish momentum yesterday after the break above 100.74 key resistance area, closed at 101.92. This fact not only could continue the nearest term bullish bias testing 102.48 but also could trigger further bullish scenario testing the major trend line resistance (white) and 103.85. Immediate support is seen around 101.00 – 100.74. A clear break below that area could lead price to neutral zone in nearest term as direction would become unclear. GBPJPY  FORECAST The GBPJPY continued its bullish bias yesterday after the break above the trend line resi...

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