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Focus Remains On 200-dma The........>

EURO-YEN TECHS
EURO-YEN TECHS: Focus Remains On 200-dma 
The pullback following weakness in global stocks saw EURJPY hold the 1.30 level,
with key resistance at the 200-dma at 131.09 once again within touching
distance. A close above here resumes the broader uptrend, opening the July 17
high at 131.99, ahead of the April highs at 133.49. Bears need to break 130.00,
a close below here would shift the outlook back to neutral and target 128.00 to
return focus to the August lows of 124.91.

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