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Comfortably Holds Above 111.00.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Comfortably Holds Above 111.00
Despite some profit taking off the high at 111.43, bulls remain in control amid
broad-based dollar strength. Yesterday's close back above the 55-dma at 110.87
was a clear bullish signal, with August highs of 112.15 now the target. Bears
need to move back under the 55-dma to keep the downside trend intact and target
the 200-dma at 109.93. Below here, the 100-dma kicks in at 109.85.

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