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EURJPY tops out above 137.60

By   || June 11, 2009 at 02:42 GMT
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Not much interest in EURJPY today with sellers sighted between 137.60 – 137.80 and buyers lining up at 137.00. Intraday technical traders are looking at the 100 hr MA which comes in at 137.15 to contain the downside.

EURUSD is trading in tandem with the up move from earlier this morning mirroring EURJPY. 1.4060 should be hard to break thru on the day.

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