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EURO-YEN TECHS: Comfortably Above 132.00
Above 132.00 keeps the bullish trend intact with focus turning toward Friday's
near 5-month highs of 133.13. A break here opens the Apr 24 high at 133.49,
ahead of the ytd high at 137.50. Bears initially need to break the 200-dma,
before challenging the 130.00 area. A close below shifts the outlook back to
neutral and targets a return to 128.00.