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Triangle Pattern Forming Up........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Triangle Pattern Forming
Up trendline from the March lows and down trendline resistance from the Oct
highs are creating a triangle pattern suggesting a break in either direction
will dictate the next medium term move. A close above 114 would shift the focus
on the upside opening the October/November highs of 114.21/54 to extend the
broader bullish trend. On the downside, bears need to close below the Nov 20
low/100-dma at 112.31/23 to shift the outlook negative. This would open the Oct
26 low at 111.38.

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