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Testing 113.00 Again USDJPY........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Testing 113.00 Again
USDJPY traded above the 113.00 level but has so far failed to build on recent
momentum. Bulls target the July 19 high & 200-wma at 113.17/24, a break above
here would confirm 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 110.78/91.

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