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50-DMA Key Support 112 held for....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 50-DMA Key Support
112 held for much of the Friday session before ebbing through and a exposing the
111.85 50-dma. A close below these levels would go a long way to cementing the
medium-term outlook's negative picture. This would open the up trendline &
100-dma support at 111.26 and raising the prospect of a bearish reversal
pattern. Bulls need to recover the 21-dma at 112.94 to target 114 and return the
focus to the upside and the Oct 4 & Nov 2017 highs at 114.55/73.

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