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DOLLAR-YEN TECHS: Bulls Target 112.00
Bulls are back in charge following the break of downtrend resistance at 111.60,
but gains above 112.00 have so far been hard to come by with active sellers on
rallies above the figure. A weekly close above, brings the July 19 high at
113.17 into play, a break would suggest the longer-term uptrend is resuming.
Bears need to recover 111.60 to return the outlook neutral and target the
100-dma at 110.65.