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200-DMA Key at the Close USDJPY....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 200-DMA Key at the Close
USDJPY traded either side of the 200-dma for a second session Friday but the
pair's yet to close below, which keeps some impetus on a recovery back towards
112. Above here opens the Dec 20 high & 50-mma at 112.60/70. A close below,
however, shifts the focus back to the downside. The 50-dma/Apr 8 lows at
111.31/28 provide the first initial support, ahead of the Apr 10 low and 100-dma
at 110.84/74.

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