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113.00 Still the Target As the.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 113.00 Still the Target
As the USDJPY rally gathers momentum, bulls target a move through 113.00 with
the July 19 high at 113.17 in sight. A break above here would confirm the
longer-term uptrend, opening the Jan 8 ytd high at 113.39. Bears need to break
back below 111.60 to shift the outlook neutral and target up trendline support &
the 100-dma at 110.78/87.

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