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200-DMA Under Pressure The loss of...>

EURO-YEN TECHS
EURO-YEN TECHS: 200-DMA Under Pressure
The loss of 132 yesterday saw bears target the 200-dma at 131.00 in an attempt
to resume the downtrend opening the 100-dma at 129.36 for confirmation of the
downtrend. Bulls need a recovery of 132 to return the focus to the upside before
targeting 133.00, a level which is growing in importance having failed to hold
at a closing basis in recent sessions.

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