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Bulls Eye Cycle Highs USDJPY has...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Eye Cycle Highs
USDJPY has been lifted by Kuroda's dovish comments and global equity firmness
which allows bulls to set their sights on the 111.00 level ahead of the key Feb
14 high & 200-dma at 111.13/31. A break above here would open a potential return
toward 112. A downside break of the Feb 15 low & 50-dma at 110.26/02 would shift
the outlook bearish and bring the 109.50/55 area back into view which holds the
Feb 6 low & 61.8% fibo support.

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