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Bulls Target 130 After briefly.......>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Target 130
After briefly dipping below 128 in early trading yesterday the pair recovered
and is trading above 129 currently as bulls attempt to target 130. The outlook a
neutral for now but a close above 130 would re-establish some positive momentum
and bring the focus back on the Aug 30 high of 130.87, ahead of the 200-dma at
131.16. Bears look for a break of 127.00 to return the focus to the August lows
of 124.91 and give further weight to the broader downtrend.

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