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Apr 3, 2015 8:53 PM

EUR/JPY - Short from resistance Short

Euro Fx/Japanese YenFXCM

Description

Like the other Euro pairs this one is no exception. Today we have seen rejection from support turned resistance. Price has also formed lower highs since mid march.

I would like to see a more convincing pin bar on the daily close, however, with the fundamentals combined with the technical analysis I will be remaing short unless baby Jesus returns to earth with a big bag full of cash for the Greeks.
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