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Inside Day Leaves Broader..........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Inside Day Leaves Broader Picture Unchanged
JPY crosses supported throughout the Asian and European sessions amid the broad
risk positive tone following US-China trade talks. This eventually prompted
USDJPY to tip over the Y111 handle, but a hold and close above 111.43 is needed
to confirm a resumption of the bullish trend. Bears need a break below the 100 &
200-dmas at 109.89/91 to set any downtrend in motion.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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