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Downtrend Resuming The 21-dma at.....>

EURO-YEN TECHS
EURO-YEN TECHS: Downtrend Resuming
The 21-dma at 128.21 is currently being tested and a break below here would open
up 127.00 to return the focus to the August lows of 124.91 and give further
weight to the broader downtrend. Bulls need to reclaim 129.00 to shift the
outlook back to neutral but a break of 130.00 is needed to re-establish some
positive momentum and focus back on the Aug 30 high of 130.87.

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