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

DOLLAR-YEN TECHS: Bulls Need Weekly Close Above 114.00
USDJPY tested Y114.10 post-NFP, but was unable to consolidate gains and drifted
lower. Bulls need a weekly close above 114.00 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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