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Yen Storm Hits EURJPY: Crashes Below 181 – Sell the Bounce Intraday! Target 179.50 with Tight Stop Above 181.45

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EUR/JPY remains offered, focus on 130.23, 129.75 pivots

Tuesday, March 10, 2015 12:35 PM UTC

Source: Thomson Reuters

Intra-day drop weighs on EUR/JPY; focus on 130.23, 129.75 pivots
Jan 2015 low of 130.16 is also a target
Long black hourly candlestick line signals bulls still in control
Nikkei futures has eased since Mon; has negative relationship with cross
30-day log correlation between Nikkei futures & cross -0.55

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EUR/JPY remains offered, focus on 130.23, 129.75 pivots

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