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Neutral Outlook Topside gains have...>

EURO-YEN TECHS
EURO-YEN TECHS: Neutral Outlook
Topside gains have so far been capped ahead of 123.00 to keep the short-term
outlook neutral. Bears need to clear the May 9 low at 122.49 to regain control,
before challenging the 61.8% retracement of the 2019 range & channel base at
122.07/04. Bulls need to break the 123.60/70 area to reignite upside momentum,
above here opens a run at the 124 level, ahead of the double-top resistance area
at 124.25/30.

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