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100-DMA Key Having breached the 50...>

EURO-YEN TECHS
EURO-YEN TECHS: 100-DMA Key
Having breached the 50 & 100-dma's, EURJPY failed to consolidate gains with a
move back under 129.00 to retain the neutral outlook. A break back through
130.00 would see bulls focus return to the Aug 30 high of 130.87 ahead of the
200-dma at 131.26 and the July 17 high at 131.99. The 21-dma acts as near-term
support at 128.10 and bears need to break 127.00 to return the focus to the
downside and the August lows of 124.91.

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