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Recovery Showed Promise Improved.....>

EURO-YEN TECHS
EURO-YEN TECHS: Recovery Showed Promise
Improved risk appetite through Europe extended the recovery to 124.82, before
fading. The short-term outlook remains neutral with bulls looking to clear the
50-dma at 125.32, before putting the focus back on the 126 level and 100-dma at
126.36. Bears target a downside break of Friday's low at 123.82 to open the
123.70/80 area which registered a series of previous lows through Jan/Feb.

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