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Recovery efforts stalled ahead of........>

DOLLAR-YEN
DOLLAR-YEN: Recovery efforts stalled ahead of Y109.45 in early Europe, before
cross-led sales started to pressure. Slippage extended through the Asia low to
Y109.25, before meeting support from the 76.4% fibo Y108.74-110.95. Demand is
placed behind through to Y109.00 (Aug14 low), a break opens Y108.84/74 (Weekly
cloud base, Aug11 low). Dollar-yen last Y109.30.

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