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Bulls target 109 The break above...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls target 109
The break above short term down trendline resistance at 108.50 failed to
reignite the uptrend and bulls continue to target 109.00. A close above here
would suggest a bullish reversal, targeting broken trendline
support-turned-resistance & the Jan 2 high at 109.42/73. A break below 108.00
would return the focus to the 50% retracement level & Jan 3 hourly support
106.83/75.

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