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Bears Look For A Close Below The...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bears Look For A Close Below The 200-DMA 
USDJPY traded either side of the 200-dma for a second session Friday with the
pair managing to hold above it on a closing basis. Bulls need to recover 112 to
return the focus to the Dec 20 high at 112.60. A close below, however, shifts
the focus back to the downside. The April 8 low/55-dma at 111.28/26 provide the
first initial support, ahead of the Apr 10 low and 100-dma at 110.84/73.

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