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Back To Neutral The break above....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Back To Neutral
The break above 111.50 was short-lived with the pair dropping back to its 21 and
55-dmas around the 111.00 area and shifting the outlook neutral. A rise above
112.00 would be needed to reignite positive momentum and target the August highs
at 112.15 and July 19 high at 113.17, cementing the longer-term outlook. Bears
will need a close below 111.00 to target the 200-dma at 109.83 to return the
focus toward the May 29 low at 108.11.

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