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Challenging March Highs Improved.....>

EURO-YEN TECHS
EURO-YEN TECHS: Challenging March Highs
Improved risk appetite supported with a move to 126.81, the highest level seen
since early March. This returns the focus to the Mar 5 high at 126.94, ahead of
a run at the 127.00 level. A break here would extend the uptrend to the Mar 1
high at 127.50, ahead of the 61.8% retracement & 200-dma at 127.62/61. On the
downside, bears need to clear the 126.00 level and 100-dma at 125.77 to negate
the upside break.

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