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110 Key Resistance The 110.00......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 110 Key Resistance
The 110.00 level has proven hard to overcome which has seen USDJPY drift back
into the range. Bulls look to take out this level to extend the recovery and
target the 200-dma at 111.23 and the Dec 26 high at 111.41. Failure to take out
110.00 brings the 21-dma & Jan 18 low at 109.24/06 into view, a break puts focus
back on the downside and a return to the 108.00 area.

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