The Brief Daily Forecaster 7th November 2008

DAILY ANALYSIS FOR EURJPY

Bias: While 122.13-45 supports the chances favor a reversal higher -
else see losses to 121.41 & below

The 122.19 low has almost been reached this morning with a bullish
divergence in the hourly chart. There is still risk of a second dip to this
support. To take us back onto the preferred bullish recovery we'll need a
break back above ...

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