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EURO-YEN TECHS: 200-dma Acting As Tough Resistance
After failing to clear the 200-dma at 131.11 last week, support at 130.00 has
come back into play, and a break below here would shift the outlook back to
neutral and target 128.00 to return focus to the August lows of 124.91. Bulls
need to recover the 131.11 level to resume the broader uptrend and target the
July 17 high of 131.99. A close above would potentially trigger a large-scale