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112.00 Next Target The bullish.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 112.00 Next Target
The bullish picture remains intact with the 112.00 level seen as next key
resistance. Confirmation above here would add to the positive momentum and
target the August highs at 112.15 and July 19 high at 113.17, cementing the
longer-term outlook. The 21 and 55-dmas continue to act as support. Bears will
need a close below 111.00 to shift the outlook back to neutral and below the
200-dma at 109.83 to return the focus toward the May 29 low at 108.11.

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