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Bulls Look To Build Momentum ......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Look To Build Momentum 
USDJPY has edged higher from Friday's lows with bulls looking to build momentum
with a break of the 109.70/75 area from a series of previous highs. Above here
opens a run at 110.00 ahead of the 21 & 100-dma's at 110.17/57. Bears continue
to look for a break below 109.27 to extend the recent downtrend towards the May
13 low at 109.02. Below here opens the 50% retracement of 99.02-118.66 & Jan 31
low at 108.84/50.

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