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Bears Need Close Below Y112.17 *...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bears Need Close Below Y112.17
* Fresh 7mth highs continue with bulls currently focused on the Y113.24-74
region where the 200-WMA, 2018 & Dec highs are located, although the lack of
follow through is less than ideal given O/B daily studies and the Bollinger top
(Y113.25) noted as key concerns. 
* Bears now need a close below Y112.17 to ease bullish pressure and below
Y111.35 to shift focus back to Y109.95-111.12 where key DMAs and the bull
channel base (Y110.88) off 2018 lows are noted.

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