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Clears Key 110 Level Renewed.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Clears Key 110 Level
Renewed risk appetite boosted USDJPY with a move through 110, a level that has
previously been hard to overcome. A close above brings the Dec 31 high & 50-dma
at 110.48/72 into view, ahead of a run at the 200-dma at 111.27. Bears need to
clear the 21-dma at 109.11 to change the short-term outlook, before challenging
the Jan 31 low at 108.50.

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