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Bulls Targeting 100-DMA Despite a....>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Targeting 100-DMA
Despite a minor pullback the broader risk-on tone looks set to underpin ahead of
the close. Bulls target a break of the 100-dma at 129.45 for confirmation of the
recent uptrend, above here opens the 55-dma at 129.78, ahead of the 130.00
level. Bears need a close below 127.00 to reignite downside momentum, turning
attention towards Oct 26 low at 126.64, ahead of the Aug 15 low at 124.91.

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