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As the risk averse theme continues, JPY.........>

YEN
YEN: As the risk averse theme continues, JPY crosses pare recent gains. EURJPY
back under the 100-dma (Y129.53) extends its corrective pullback to Y128.67,
before stalling ahead of support from the Nov 5 low (Y128.61). Below here opens
the 50% retracement of Y126.64-130.15 at Y128.40. GBPJPY dips back under the
200-dma & 147.00 level with bears targeting the 50% fibo of Y142.77-149.49 &
100-dma at Y146.13/145.82. 

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