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Monday's High In Focus A slight......>

EURO-YEN TECHS
EURO-YEN TECHS: Monday's High In Focus
A slight recovery in global risk appetite has put the focus back on Monday's
high at 122.81. A break above here would open 123.00 ahead of the 21-dma & May
21 high at 123.31/74. Above here brings the 124 level back into view, with a
break suggesting a bullish reversal. Bears downside focus remains on Thursday's
low at 122.15 ahead of the May 15 low at 122.08 and the 122.00 level. Further
support is located behind at 121.95 from the 50% retracement of the 2012
low-2014 high.

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