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Bounces off 200-DMA Daily charts...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bounces off 200-DMA
Daily charts continue to highlight the importance of the Y110.94 200-dma, with
prices finding bottom at that mark on Dec24. A close below here would strengthen
the downtrend towards the 38.2% retracement of the 2018 range at 110.73 ahead of
the Aug 21 low at 109.78. Bulls need to recover the Y112.40 100-dma to stabilise
the short-term outlook. A break back above 113.00 is required before targeting
the Dec 3 high & down trendline resistance at 113.85/86.

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