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It has been an extremely slow start to.....>

EURO-YEN
EURO-YEN: It has been an extremely slow start to the new trading day, the cross
holding a narrow Y130.38 to Y130.58 range. Japanese equities are providing
modest support, Nikkei opened slightly in negative territory, but currently
holds +0.31%. For now, resistance is being found near to the 200-wma, currently
at Y130.66, bulls look for a weekly close above to target a move to Y134.42
(61.8% Y149.78-Y109.57 decline), while downside support at Y129.56-55 (3
previous lows) is proving stubborn. Euro-yen was last at Y130.44

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