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Momentum Intact Wednesday extended...>

EURO-YEN TECHS
EURO-YEN TECHS: Momentum Intact
Wednesday extended the winning streak to seven consecutive sessions, putting
paid to any concerns that recent bullish momentum was fading. 131.06 - the 50%
retracement of the 137.50-124.62 move - is the next target ahead of any attempt
at the 131.99 July highs (and the 131.34 200-dma). On the downside, bears need a
close below the 128.50/55 area to extend the corrective pullback to the 21-dma
at 128.10.

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