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Bulls Need Weekly Close Above......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Need Weekly Close Above 114.00
Despite encountering renewed selling pressure above 114.00, USDJPY retains its
outright positive trend. Bulls need a weekly close above this level to build on
recent momentum and challenge the Oct 4 & Nov 2017 highs at 114.55/73. 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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