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Quiet Day Keeps Positive Trend.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Quiet Day Keeps Positive Trend Intact
USDJPY continues to consolidate gains above the 112.00 level, with bulls looking
to target the July 19 high at 113.17. A break here would suggest the longer-term
uptrend is resuming, targeting the Jan 8 ytd high at 113.39. Bears need to break
back below 111.60 to shift the outlook neutral and target up trendline support &
the 100-dma at 110.78/76.

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