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Yen Technical Outlook
Tuesday, 21 July 2009 14:20:25 GMT  |  Jamie Saettele, Senior Currency Strategist
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The drop below 93.50 eliminates the bullish triangle count and leaves us with the bearish count in which the decline from 101.50 is a series of 1st and 2nd waves.  Resistance from Fibonacci extends to 95.00.  Bears are favored against 97.00.

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