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Maintains Neutral Outlook..........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Maintains Neutral Outlook
Failure to hold above 111.50 has seen the subsequent reversal extend back under
111.00, shifting the short-term outlook neutral. Bears will need a weekly close
below this level to target the 100-dma at 110.33 and return focus toward 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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