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Forex Trading:EURJPY showing some toppish tendencies. Eyeing support

Posted by Greg Michalowski on Thu, 06/26/2008 - 9:08am in

The EURJPY has moved to new alltime high levels reaching a high of 169.45 overnight.  The old high price was 168.92.  The last move higher on the hourly chart came up short of the previous high and the last two hours have been down.  The market will be watching to see if the old high of 168.92 can hold. 

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