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May Lows in View USDJPY............>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: May Lows in View
USDJPY comfortably holds below 110.00 with focus on the double-bottom support
area at 109.45/50. A break opens a run at the psychological 109 level, ahead of
the long-term 50% retracement at 108.84. Bulls need a close above 110.00 to put
the focus back on the 100-dma & 100-wma at 110.54/80. Above here would suggest a
potential upside reversal.

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