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      Forex: EUR/JPY rises above 127.00

      The euro managed to resume its upward path after yesterday's sell-off, and reached a marginal new high against the yen during the American afternoon.

      EUR/JPY climbed over 300 pips from lows, and following a consolidation phase below the psychological level, it managed to pierce it to hit a high of 127.17, last seen April 2010. EUR/JPY is currently trading at the 127.10 zone, recording a 1.8% daily gain.

      As for technical levels, once above 127.20, next resistances are seen at 127.50 and 127.90, while supports could be found at 126.40, 126.00 and 125.60.

      Forex: EUR/USD retreats from highs, around 1.3575/80

      The bloc currency keeps the buoyancy at the end of the NA session on Tuesday, orbiting around intraday highs in the vicinity of 1.3580...
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      Forex: GBP/USD finds support at 1.5630; Back above 1.5650

      After falling 170 pips from 1.5800, the Sterling has found support against the Greenback at the 1.5630, 5-month low. The GBP/USD is recovering ground and currently is trading above the 1.5650 level, yet 0.65% negative on the day.
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