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Exhaustion Ahead of The 100-HMA....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Exhaustion Ahead of The 100-HMA
Topside gains have been contained ahead of the 100-hma, currently at 111.11. The
subsequent reversal moved through key support from the 55-dma at 110.76 and will
be monitored on a closing basis. A break through here would shift focus firmly
lower to the 200-dma at 109.97, the Ichimoku cloud base at 109.76 and 100-dma at
109.69. Bulls need to regain 111.87 to stabilise the near-term outlook before
targeting 112.15.

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