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Bulls Look TO Recover 114 USDJPY...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Look TO Recover 114
USDJPY closed back below 114 yesterday but the level has been overcome again in
Asian trading to keep the bullish trend intact. Above yesterday's high of 114.55
turns the focus to the Nov 2017 high at 114.73. A break opens the Mar 10 2017
high & 61.8% retracement level at 115.51/61. Bears need to clear the double
bottom area at 113.50/55, before challenging the Sep 28 low at 112.56 ahead of
up trendline & 100-dma support at 111.29/17.

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