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Edging Higher Towards July Peak....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Edging Higher Towards July Peak
USDJPY continues to drift higher as the 113.00 is coming under threat as bulls
target the July 19 high at 113.17. A break above here would confirm the
longer-term uptrend, opening the Jan 8 ytd high at 113.39. Bears need to break
back below 111.60 to shift the outlook neutral and target up trendline support &
the 100-dma at 110.78/91.

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