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Recovery accelerating Rate looks...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Recovery accelerating
Rate looks to close above Tuesday's highs as the recovery the week's lows
gathers pace (despite early weakness across Asia). The pair made light work of
the 110.55 resistance, USD/JPY appears more balanced on an intraday basis. Bulls
will look to regain 110.68 and close above 111.12 to shift the outlook to
positive. Bears need a close below the 200-dma at 109.85, shifting focus toward
the May 29 low at 108.11.

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