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112 Back In View USDJPY remains....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 112 Back In View
USDJPY remains on the front foot after clearing the 200-dma & trendline
resistance at 111.49, with the focus now squarely on the 112 level. Above here
would bring previously broken channel base support-turned-resistance at 112.12
into play. Bears need a close back below the 200-dma to stabilise the outlook
while a downside break of 110 would return the focus to the Mar 25 low at
109.71.

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