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EUR/JPY last deals at Y123.80, 16 pips.....>

EURO-YEN: EUR/JPY last deals at Y123.80, 16 pips higher on the day, after it
closed 97 pips higher Friday as risk appetite soared. 
- Bulls target a breach of the Jan 3 high of Y123.93, with offers reported
around the psychological Y124.00 level. Bears keep an eye on the lower Bollinger
band (2%) at Y123.05, followed by Friday's low of Y122.59.

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