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The continued Yen strength has turned the.......>

YEN
YEN: The continued Yen strength has turned the remaining indicators in the MNI
FX Technical Signal Monitor bearish for USDJPY and the yen crosses. The YEN now
has a clean sweep of bullish signals in our system of indicators, across both
trend and momentum metrics. The USDJPY break below the 105.00 level could prove
highly significant with very little in the way of support noted on charts until
the 103.80 level (channel support). The acceleration of the AUDJPY decline to
new lows for the year puts the focus on 80.24 initially and then 79.13. AUDJPY
is currently on course for the sharpest Q1 decline since 1995.

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