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100-DMA Key EURJPY buoyed by.........>

EURO-YEN TECHS
EURO-YEN TECHS: 100-DMA Key
EURJPY buoyed by renewed risk appetite comfortably held above 129.00, before
falling short of the 100-dma at 129.47. The 129.45-60 area is key for the
topside with long-term pivotal resistance & 38.2% fibo of 2018 range capping
gains. Above here brings the 130.00 level into focus, a break would allow bulls
to set their sights on the Sep highs. Bears need a close below 127.00 to
reignite downside momentum, turning attention towards the Oct 26 low at 126.64,
ahead of the Aug 15 low at 124.91.

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