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The US dollar is easing against the yen on Tuesday morning European session.
The exchange rate trades at 109.70 (at 0840 UTC) above the lower boundary of the hourly Bollinger bands, which is located near 109.45.
The 20-hour SMA is positioned at 110.18 and may offer short-term resistance. Above it, a cluster formed by 55 and 100-hours SMA located within 110.39/45 may hinder any significant surge during today's session if any will occur.
The exchange rate trades at 109.70 (at 0840 UTC) above the lower boundary of the hourly Bollinger bands, which is located near 109.45.
The 20-hour SMA is positioned at 110.18 and may offer short-term resistance. Above it, a cluster formed by 55 and 100-hours SMA located within 110.39/45 may hinder any significant surge during today's session if any will occur.
