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DOLLAR-YEN TECHS: 200-dma Out of Reach for Now
Despite the recent impressive bull run, the 200-dma at 111.30 looks unattainable
for the time being, with the week's highs of 111.13 providing decent resistance
headed into the new week. The 50-dma provides near-term support, currently
sitting at 110.18 and a break below here would shift the near term outlook
negative. Bears now look for a return to the 110 level which proved tough
resistance on the way up. Below here would threaten to prematurely end the