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DOLLAR-YEN TECHS: Struggling To Build Above 110
USDJPY struggles to build above the figure with the 110.00/20 area continuing to
provide a stumbling block for bulls. A close above here is needed to bring the
Dec 31 high & 50-dma at 110.48/50 into view, ahead of cloud base resistance at
110.73. Bears need to clear the 21-dma & 61.8% retracement level at 109.32/13,
before challenging the Jan 31 low at 108.50.