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100-DMA Back In Play After.........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 100-DMA Back In Play
After failing to break above the 114 level downside momentum has picked up and
the 100-dma at 112.05 is the next level of support for the pair. Below here
would shift the outlook bearish, opening the Oct 26 low at 111.38. Bulls need to
recover 114, targeting a move toward the ytd high at 114.55. Above here confirms
the bigger picture bullish trend, opening option-related resistance at 115.

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