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EURO-YEN: Good size demand into today's Tokyo-fix has seen the cross rise from
around Y129.30 to Y129.50. Post-fix, the cross has move back to Y129.33.
Although minutely pierced resistance at Y128.48 has held, the level marks the
50% Fibonacci retracement on Y131.40-Y127.56 decline, a break opens Y129.71
(Aug17 high), while hourly support is noted at Y129.17. Consolidation is now
likely heading toward the European open. Euro-yen was last at Y129.34