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Comfortably Above 200-DMA Renewed....>

EURO-YEN TECHS
EURO-YEN TECHS: Comfortably Above 200-DMA
Renewed risk appetite on Italian budget headlines supported through Asia with
EURJPY comfortably holding above the 200-dma. Bulls need a close above 132.00 to
return upside focus before targeting 133.00, a level which is growing in
importance having failed to hold at a closing basis in recent sessions. Below
131.00 would see bears target channel base support at 130.60. A break of the
100-dma at 129.36 resumes the downtrend opening Sep lows at 127.87.

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