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Uptrend Continues EURJPY remains.....>

EURO-YEN TECHS
EURO-YEN TECHS: Uptrend Continues
EURJPY remains on its uptrend, pushing marginally higher today having broken
above its 100-dma at 129.49. The next upside target comes in at 130.00, above
which allows bulls to set their sights on the Sep highs. Bears need a close
below the 100-dma to return the focus back to neutral, while a break back below
127.00 is needed to reignite downside momentum. Below here would turn attention
towards the Oct 26 low at 126.64, ahead of the Aug 15 low at 124.91.

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