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Back Below 112 Weakness in........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Back Below 112 
Weakness in global stocks has sent USDJPY back below 112 but the positive
picture remains intact above 111.60. A recovery above 112 would bring the July
19 high at 113.17 back into view, while a break above here would suggest the
longer-term uptrend is resuming. Bears need to recover 111.60 to return the
outlook neutral and target the 100-dma at 110.70. Below here sits the 200-dma at
109.76.

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