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Recovery Extends The 109.00........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Recovery Extends
The 109.00 level now acts as support following yesterday's bullish break, with
the next upside target coming in at the Dec 25 low at 110.00. A break above here
would suggest further gains towards the 200-dma at 111.19. Bears need to retake
109.00 to return the focus to the 108.00 level, below which would return the
focus to the 50% retracement level & Jan 3 hourly support 106.83/75.

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