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Market Happy to Sell Rallies.........>

EURO-YEN TECHS
EURO-YEN TECHS: Market Happy to Sell Rallies
EUR/JPY remains somewhat dislocated from equities, with strength in core
European equity markets failing to buoy the cross. Recent lows of 125.51 become
first support and a break below here would open a run at the August lows at
124.91. Bulls need to clear broken trendline support-turned-resistance & the
100-dma at 128.77/98 to improve the outlook. Above here opens the 200-dma & Nov
9 high at 129.52/64.

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