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Focus On The Downside Failure to...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Focus On The Downside
Failure to consolidate yesterday's gains has seen short-term reversal to the
111.20/25 area putting immediate focus on uptrend support at 111.10. Below this,
the 55-DMA, which has acted as strong support over recent months, comes into
play. Bulls need to regain 111.87 to arrest the bearish near-term outlook, and
regain 112.15 to shift the outlook bullish once again.

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