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Stuck Below 114.00 Despite two.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Stuck Below 114.00
Despite two attempts to regain the 114 level on Friday the pair managed to close
the week below this level keeping the neutral short-term outlook intact as we
start the week. The bigger picture trend remains bullish though and a close back
above 114 would target the Oct 4 & Nov 2017 highs at 114.55/73. A break opens
the Mar 10 2017 high & 61.8% retracement level at 115.51/61. Bears need to push
below the Oct 3 low at 113.530 to trigger a short-term topping pattern that
would open the Sep 28 low at 112.56 ahead of up trendline & 100-dma support at
111.29/19.

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