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Bullish Momentum Stalls Below......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bullish Momentum Stalls Below 114.00
Despite two attempts to regain 114.00 Friday, the pair managed to close the week
below this level keeping the neutral short-term outlook intact as we start the
week. The bigger picture trend remains bullish though and a close back above 114
would target the Oct 4 & Nov 2017 highs at 114.55/73. A break opens the Mar 10
2017 high & 61.8% retracement level at 115.51/61. Bears need to push below the
Oct 3 low at 113.530 to trigger a short-term topping pattern that would open the
Sep 28 low at 112.56 ahead of up trendline & 100-dma support at 111.29/19.

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