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Bulls Left Wanting The bull........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Left Wanting
The bull trend remains intact but markets are yet to see a recovery above the
Y114 level, which remains the first upside target. A break above here would
clear down trendline resistance from the YTD high at 114.55, opening the YTD
high itself. Bears need to close below the Nov 20 low/100-dma at 112.31/20, to
shift the outlook negative. This would open the Oct 26 low at 111.38.

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