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Back Above 1.14 Broad-based USD....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Back Above 1.14
Broad-based USD demand underpinned through Europe, further cementing the move
back above 1.14. A close above here keeps the topside in focus targeting a break
of the Oct 4 high at 114.55 to confirm the bigger picture bullish trend.
Option-related resistance is placed behind at 1.15, ahead of the 76.4%
retracement level at 115.33. Bears need a break below the Nov 7 low at 112.95 to
shift the near-term outlook negative, opening the 21-dma & up broken trendline
resistance-turned-support at 112.85/75.

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