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DOLLAR-YEN TECHS: Higher Highs
USDJPY is posting higher highs as the rally gathers momentum with July 19 high
at 113.17 squarely in focus. A break above here would confirm the longer-term
uptrend, opening the Jan 8 ytd high at 113.39. Bears need to break back below
111.60 to shift the outlook neutral and target up trendline support & the
100-dma at 110.78/87.