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The Daily Forecaster: EURJPY

Money Mind - Forex


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Old 22-08-2012, 11:39 AM
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Default The Daily Forecaster: EURJPY

Although price didn't dip to 98.45-65 we did see the expected rally to the 98.60-00 area and just above. 4-hour momentum is displaying a bearish divergence but this will require confirmation by a break below 97.70… Otherwise hourly momentum is still quite bullish and we have a rising 4-hour price

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