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110 Key For Bulls The 110.00.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 110 Key For Bulls
The 110.00 level has proven hard to overcome in recent sessions, improved risk
appetite saw USDJPY touch 109.80 before drifting back into the range. Bulls need
to clear this level to extend the recovery and target the 200-dma & Dec 26 high
at 111.24/41. Failure to take out 110.00 keeps the downside in check and brings
the 21-dma & Jan 18 low at 109.21/06 into view, a break puts focus back on the
108.00 area.

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