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EURJPY TRIGGER$ OCT 2014 WEEKLY

FX:EURJPY   Euro Fx/Japanese Yen
29 0 2
Market has found resistance from channel.
Current grey s/r zone, 13ma, next dashed channel, and the next grey s/r zone all offer technical trigger considerations IF the market starts to make its way back to the lower solid black channel support.
Watch for potential reaction at the Fib levels on the W%R, otherwise it has room to drop and indicates more down for the market.

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