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Rally Stalled Ahead of 113.........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Rally Stalled Ahead of 113
Having breached support-turned-resistance yesterday, USDJPY extended its rally
to 112.98 before fading. The 200-wma provides key resistance at 113.05, a break
above would see bulls target a move through 114.00 toward the October highs.
Bears need a close below 112.00 to regain control, targeting the 100-dma at
111.62 ahead of the 38.2% retracement level of 104.55-114.56 at 110.73.

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