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Charting FX: watching for a close below 106.16 for EUR/USD and a 121 target for USD/JPY

9 December 2016: IG analyst Chris Beauchamp looks at long-term support for EUR/USD at 106.16 and says that next week’s US rate decision may be the point to look for. Meanwhile, look for a 121 target for USD/JPY as the dollar’s march continues.

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