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USD/JPY last deals at Y113.41 after......>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY last deals at Y113.41 after slipping 20 pips Thursday as
benchmark U.S. stock indices lost Wednesday's upside impetus and closed somewhat
lower on the day. The Nikkei 225 is posting marginal gains at writing. 
- Muted reaction to significantly higher than exp. industrial production figures
thus far. 
- Initial support is located at yesterday's low of Y113.19 and a fall through
that level would open up the 50-DMA at Y113.06. Meanwhile, bulls eye yesterday's
high at Y113.68 and a break above would give them a green light for targeting
the Nov 28 high at Y114.04. 
- Japanese focus Friday falls on domestic vehicle production, housing starts &
construction orders.

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