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Bullish Exhaustion Failure to......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bullish Exhaustion
Failure to build on gains above 111.50 with added USD sales following poor US
data, shifts the short-term outlook back to neutral again. A close above
yesterday's high of 111.76 would see bulls regain the upper hand and focus on
the July 19 high at 113.17. Bears continue to target the 100-dma at 110.50, a
break below here would target the 200-dma & August lows at 109.82/78.

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