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112.00 Holds Firm Risk appetite....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 112.00 Holds Firm
Risk appetite improved following reports that US-China trade talks were making
progress. Despite this, USDJPY has struggled to overcome down trendline
resistance at the 112.00 level. Bulls need a break and close above here to
re-ignite upside momentum, opening a run at the ytd Mar 5 high at 112.14. Bears
target a move back below the 100 & 200-dma's, before challenging the 111.00
level and Mar 8 low at 110.79.

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