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Back Into Its Uptrend USDJPY.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Back Into Its Uptrend
USDJPY managed to break back above support-turned-resistance yesterday marking
the uptrend from the March lows, which returns the focus to the upside and the
21-dma at 112.70. Above here would open the Oct highs above 114.00. Bears look
for a close under 112.00 to regain control, targeting the 100-dma at 111.62
ahead of the 38.2% retracement level of 104.55-114.56 at 110.73.

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