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Bulls Need A Close Above 114.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Need A Close Above 114
Bulls were unable to cling to gains above 114 yesterday which has seen some
slight weakness today. That said, the positive trend remains firmly intact and a
close above 114 would open the Nov 2017 high at 114.73, ahead of the 61.8%
retracement of 125.86-99.02 at 115.61. Bears need a break of the Sep 28 low of
112.56 to shift the outlook back to neutral, before targeting the 112 level to
attempt to gain the upper hand.

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