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200-DMA Back In Focus USDJPY......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 200-DMA Back In Focus 
USDJPY has been unable to sustain gains above the 111.00 level but the pullback
has been shallow for now keeping the focus on the recent range highs & 200-dma
at 111.24/32. Above here would reignite upside momentum opening the 111.35/45
area which registered a series of previous highs through December. Bears need to
clear the Feb 15 low & 50-dma at 110.26/109.80 to regain control. Below here
would bring the 109.50/55 level back into view which holds the Feb 6 low & 61.8%
fibo support.

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