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Either Side of 200-dma Spot........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Either Side of 200-dma
Spot traded either side of the 200-dma at 111.45 for a fifth consecutive session
Monday and looks to close below Monday, marking a bearish start to the week.
This opens the 100-dma at 111.30 and channel base support as well as 38.2%
retracement at 111.25/16. Bulls need to initially hold the 111.45 level before
focus can turn back to Friday's high at 111.90 ahead of the key 112 level. Above
here and the March 5 high at 112.14 would extend the recovery towards the 114
area.

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