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Fighting With The 200-DMA USDJPY...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Fighting With The 200-DMA
USDJPY continues to trade around the 200-dma at 111.51 keeping the outlook
neutral for now. Bears need a break of the 111.00 handle to put the focus on the
Apr 10 low & 100-dma at 110.84/65. Bulls need to clear the 21-dma at 111.70 to
reignite upside momentum and bring the 112 level back into view, ahead of the
ytd high at 112.40.

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