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Gold •10 mins	1,787.30	-2.70	-0.15%
Platinum •10 mins	825.80	-5.80	-0.70%
WTI Crude •1 day	40.32	-0.33	-0.81%
Gasoline •1 day	1.244	-0.015	-1.21%
Ethanol •2 days	1.310	+0.101	+8.35%
Silver •10 mins	18.31	-0.01	-0.07%

Silver • 10 mins	18.31	-0.01	-0.07%
Copper • 10 mins	2.721	-0.028	-1.00%
Brent Crude • 1 day	42.80	-0.34	-0.79%
Natural Gas • 1 day	1.750	+0.016	+0.92%
Heating Oil • 1 day	1.226	-0.005	-0.41%

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EUR/JPY - Heading Towards Support At 118.73

By - Jun 14, 2016, 6:04 AM CDT

EUR/JPY's weakness continues. The pair is trading lower. Support is now a long-term support located at 118.73 (25/02/2013 low). Hourly resistance can be found at 122.70 (07/06/2016 high). Expected to show continued weakness.

In the longer term, the technical structure validates a medium-term succession of lower highs and lower lows. As a result, the resistance at 149.78 (08/12/2014 high) has likely marked the end of the rise that started in July 2012. Strong support is given at 118.73 (25/02/2013 low). A key resistance can be found at 141.06 (04/06/2015 high).

Daily Technical Report