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EURO-YEN TECHS: 55-DMA Remains Key Resistance
EURJPY remains below key support-turned-resistance at the 55-DMA, which now
intervenes at 129.14. Below this level the bears have the upper hand and look
set to target 127.15 in the first instance and then the June lows at 126.65. A
break below here brings the YTD May 29 low at 124.62 into focus.