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Looking For Direction USDJPY......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Looking For Direction 
USDJPY has seen a number of false breakouts lately, both to the downside and
upside, which keeps the focus neutral for now. Bears target the 100-dma at
110.37 ahead of the 200-dma & August lows at 109.82/78. A rise above 112.00
would be needed to reignite positive momentum and target the August highs at
112.15 and July 19 high at 113.17, cementing the longer-term outlook.

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