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Off Multi-month Lows The.............>

EURO-YEN TECHS: Off Multi-month Lows
The risk-averse theme pressured through 122.10, before President Trump's auto
imports tweet pared losses. Downside support remains at 122.08/07 from the
intraday low & 61.8% retracement of the 2018 range. Channel base support is
located behind at 122.04, ahead of the 50% retracement of the 2012 low - 2014
high at 121.95. Bulls need to recover the 123.00 level to stabilise the outlook,
while a break of 123.60/70 would reignite upside momentum.

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