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Consolidating Around 111.00........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Consolidating Around 111.00
USDJPY lacks direction and continues to trade around the 111.00 level. Bulls
initially need to break back above the Sep 6 high at 111.76 to regain the upper
hand, before focusing on the July 19 high at 113.17. Bears continue to target
the 100-dma at 110.55. A break below here would target the 200-dma & Aug lows at
109.80/78.

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