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Call update: EUR/JPY breaks below 125, hits fresh multi-year lows at 123.69, stay short

EUR/JPY has broken below strong channel base support at 125 levels, to extend downside. The pair has tested multi-year lows at 123.69, levels last seen in Apr 2013, further weakness likely. In what appears to be interven…

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Call update: EUR/JPY breaks below 125, hits fresh multi-year lows at 123.69, stay short
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Recommendation: Hold for further downside.

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