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Bears Need Close Below Y111.86 *...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bears Need Close Below Y111.86
* Support around the 21 & 200-DMAs provided the base for continued fresh 7mth
highs last week with initial bullish focus on the Y113.24-74 region where the
200-WMA, 2018 & Dec highs are located. 
* O/B daily studies and the Bollinger top (Y112.58) are the key concern for
bulls with potential to limit follow through. 
* Bears now need a close below Y111.86 to ease bullish pressure and below
Y111.35 to shift focus back to Y109.95-110.85 where key DMAs and the bull
channel base (Y110.73) off 2018 lows are noted.

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