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Bulls Still Eying 114 Bulls........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Still Eying 114
Bulls continue to look for a close above 114 to shift the focus on the upside
opening the October/November highs of 114.21/54 to extend the broader bullish
trend. A triangle pattern is beginning to emerge from the up trendline from the
March lows and down trendline resistance from the Oct highs. On the downside,
bears need to close below the Nov 20 low/100-dma at 112.31/25 to shift the
outlook negative. This would open the Oct 26 low at 111.38.

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