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100-DMA Provides Stiff.............>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 100-DMA Provides Stiff Resistance
USDJPY has tried and failed to close above the 100-dma for the past two days
allowing bears to regain the upper hand. A break back below 110 would shift the
focus back to the May 13 lows and the 109 level. Bulls need to close above the
100-dma and take out the 21-dma to reignite upside momentum towards the 55-dma
111.03.

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