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Neutral Outlook Soft PMI readings....>

EURO-YEN TECHS
EURO-YEN TECHS: Neutral Outlook
Soft PMI readings across Europe further pressured the euro back into its monthly
range to keep the outlook neutral. Bears look to close the week below uptrend
support at 127.88 to regain control and target the Oct lows at 126.64. Bulls
need to clear broken trendline resistance & 100-dma at 129.00/21 to build on
recent momentum, opening the Nov 9 high & 200-dma at 129.65/71.

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