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From : FX Daily Hotline: 27 November 2015
Chart of the day: Euro oversold v Yen


Currencies are trading in a generally easier fashion against the Japanese Yen.

The Euro, shown here, shed 0.3% versus Japan's unit and there are no signs of a fightback in the morning's session.  That said, however, the RSI is indicating an oversold condition; as the rate probes potential support from the mid-March/April base area.  Therefore, a counter move before long cannot be ruled out.


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