Market news
07.02.2011, 13:53

EUR/JPY under pressure

Sales continue to weigh on the pair as dollar-yen also begins to lose ground towards earlier Asian lows. A break in the cross through Y111.45 points to further fall back towards Friday's low of Y110.75, with a move back through the 100 dma currently around Y111.82 needed to rechallenge Y112.20/30  earlier resistance.

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