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Risk Starts to Fade Early risk.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Risk Starts to Fade
Early risk was quickly faded with added weight from UST yields which saw the 10y
fall to 2.2763, its lowest level since mid-Oct 2017. Bears focus returns to the
May 13 low at 109.02 & 109.00 level. Below here opens the 50% retracement of
99.02-118.66 at 108.84. Bulls need to clear the 109.70/75 area which has
registered a series of previous highs. Above here opens a run at 110.00 ahead of
the 21 & 100-dma's at 110.17/57.

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