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DOLLAR-YEN TECHS: Sellers Above 112.65
Despite renewed selling pressure above 112.65, USDJPY keeps the broader rally
intact. Bulls need to break the July 19 high at 113.17 for confirmation of the
longer-term uptrend, opening the Jan 8 ytd high at 113.39. Bears need to break
back below 111.60 to shift the outlook neutral and target up trendline support &
the 100-dma at 110.78/83.