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Bulls Look To Build On Break Of......>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Look To Build On Break Of 125 
Despite remaining above the key 125 level the pair has not managed to mount a
clear break of its its recent range, with gains capped at 125.47 following the
Fed reaction. Bulls now look to break above here to open the Jan 1 & Dec 31
highs at 126.14/44. Bears need to move the cross back below 125 to shift the
focus to the Jan 15 low at 123.40. Below here would open the 38.2% retracement
level & Jan 4 low at 122.65/59.

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