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Bears Need Close Below Y110.78 *...>

DOLLAR-YEN TECHS: Bears Need Close Below Y110.78
* Pressure has returned to the Y111.39-112.04 region where May highs are noted
remaining key. 
* Bulls look for a close above Y112.04 to end bearish hopes, shifting immediate
focus to Y113.24-44 where the 200-WMA (Y113.23) is noted and overall focus to
Y114.72 Nov highs. 
* Bears now need a close below Y110.78 to gain breathing room and below Y109.95
to confirm a break of the bull channel base (Y110.43) off 2018 lows and return
pressure to Y109.01. 
* A close below Y109.01 initially targets Y107.85-108.46.

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