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Gold •15 mins	1,862.80	+6.60	+0.36%
Platinum •15 mins	1,108.60	-3.00	-0.27%
WTI Crude •11 mins	52.15	-0.12	-0.23%
Gasoline •10 mins	1.548	-0.000	-0.03%
Ethanol •15 hours	1.600	-0.033	-2.02%
Silver •15 mins	25.69	+0.13	+0.50%

Silver • 15 mins	25.69	+0.13	+0.50%
Copper • 15 mins	3.616	-0.010	-0.28%
Brent Crude • 11 mins	55.31	-0.10	-0.18%
Natural Gas • 10 mins	2.543	+0.097	+3.97%
Heating Oil • 10 mins	1.573	-0.003	-0.18%

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EUR/JPY - Breaking Support At 120.55

By - Feb 07, 2017, 6:45 AM CST

EUR/JPY's demand has faded abruptly. Strong hourly support given at 120.55 (17/01/2017 low) has been broken while resistance is given at 123.31 (27/01/2017 high). The road is wide open towards support at 1118.73 (05/12/2016 low).

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 at 94.12 (24/07/2012 low) looks nonetheless far away.

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