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Bulls Falter Further Wednesday.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Falter Further
Wednesday saw USD/JPY trade either side of Y113 once more before US trade saw a
convincing move below the handle. Bears eye the Sep27 low at 112.56. A break
below here would open the up trendline & 100-dma support at 111.29/21, raising
the prospect of a bearish reversal pattern. Bulls now need to close back above
114 to target the Oct 4 & Nov 2017 highs at 114.55/73.

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