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55-DMA Support Remains Key *.......>

DOLLAR-YEN TECHS: 55-DMA Support Remains Key
* Topside hesitation is a concern with Y111.39-112.04 where May highs are noted
remaining key. 
* Bulls look for a close above Y112.04 to end bearish hopes, shifting immediate
focus to Y113.23-44 where the 200-WMA (Y113.23) is noted and overall focus to
Y114.72 Nov highs. 
* Bears now need a close below the 200-DMA to gain breathing room and below the
55-DMA to confirm a break of the bull channel base (Y110.27) off 2018 lows
return pressure to Y109.01. 
* A close below Y109.01 initially targets Y107.85-108.24.

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