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Focus Remains On Downside The........>

EURO-YEN TECHS
EURO-YEN TECHS: Focus Remains On Downside
The corrective rebound has lacked momentum and fallen short of the initial
targets at 129.14/22, keeping the focus on the downside. The bears have the
upper hand and look set to target 127.15 in the first instance and then the June
lows at 126.65. A break below here brings the YTD May 29 low at 124.62 into
focus.

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