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112 Back In Focus USDJPY has.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 112 Back In Focus
USDJPY has found some support at its 200-dma today as broader risk appetite puts
the focus back on Friday's high at 111.90 ahead of the key 112 level. Above here
and the March 5 high at 112.14 would extend the recovery towards the 114 area.
Bears look to close below the 200 & 100-dmas at 111.45 and 111.30. Below here
opens channel base support & 38.2% retracement at 111.25/16. 

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