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Potential False Break Puts Focus...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Potential False Break Puts Focus Higher
USDJPY appears to have posted a false break below uptrend support, which returns
the focus higher for now. The structure of the recent decline has remained
corrective and the rebound has tentatively broken above  near-term down
trendline resistance at 111.30. Bulls still need to regain 111.87 to target
112.15 and confirm outlook as bullish, while bears need to close below 111.00 to
shift the focus lower. 

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