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Consolidation Phase Having.........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Consolidation Phase
Having briefly traded below the 100 & 200-DMA's on Tuesday, USDJPY rallied to
the 110.55 area and continues to display a more balanced outlook on an intraday
basis. Bulls will look to regain 110.68 and close above 111.12 to shift the
outlook to positive. Bears need a close below the 200-dma, shifting focus toward
the May 29 low at 108.11.

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