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Bears In Charge USDJPY recovered...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bears In Charge
USDJPY recovered some of its early US tariff driven losses yesterday, closing
the gap left at the open but failing to alter the bearish picture. The 110 level
now becomes the next downside target, below here opens the March 25 low at
109.71. To stabilise bulls need to recover 111, while a break back above the
200-dma at 111.50 is needed to reignite upside momentum and bring the 112 level
back into view.

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