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Bulls Need To Recover 112 The......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Need To Recover 112
The 112 level gave way yesterday but bulls are looking to break back above here
again today to arrest the pair's slide. A close back above 112 would shift the
near-term outlook neutral and allow bulls to target 112.50 to break the
short-term downtrend and return the focus to the upside. Failure to retake 112
would allow bears to target the 100-dma at 111.31, raising the prospect of a
bearish reversal pattern. 

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