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Clinging To 21-DMA Support.........>

DOLLAR-YEN TECHS: Clinging To 21-DMA Support
Yesterday's weakness managed to pierce the 113 level but found support at the
21-dma, which has seen bulls reclaim 113 at the time of writing. Bulls now need
to close back above 114 to target the Oct 4 & Nov 2017 highs at 114.55/73.
Failure to hold above the 21-dma would open 112.56 and 112.46. A break below
here would open the up trendline & 100-dma support at 111.29/21, raising the
prospect of a bearish reversal pattern.

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