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Technicals

Technical analysis for crosses(EUR/JPY)-12/10/2007

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10 December 2007 @ 12:00 am EST
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(EUR/JPY)

The Euro settled against the Yen but its inclining gradually as investors are back on holding Carry Trades, the General trend for the pair remains well to the upside, and targets are set at 164.10s on the short term and the 168..40s on the long term, and the point at 162.97 seems to offer good demand for the pair. 

 

Support

163.47

163.20

162.97

162.66

162.39

Resistance

163.74

164.04

164.31

164.58

164.89

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