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200-dma Key Resistance EURJPY........>

EURO-YEN TECHS
EURO-YEN TECHS: 200-dma Key Resistance
EURJPY briefly traded above the 200-dma to 131.48, before risk averse China
headlines pared gains. Bulls continue to focus on the 200-dma at Y131.10, above
here resumes the broader uptrend, opening the July 17 high at 131.99, ahead of
the April highs at 133.49. Bears need to break 130.00, a close below here would
shift the outlook back to neutral and target 128.00 to return focus to the
August lows of 124.91.

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