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Corrective pullbacks have so far.........>

DOLLAR-YEN
DOLLAR-YEN: Corrective pullbacks have so far remained shallow as Usd/Jpy holds
near the upper end of its Y107.04-38 NY range. Near-term resistance is seen at
Y107.40/43 (23.6% Y113.39-105.55/38.2% Y110.48-105.55), a break opens Y107.55/65
(Congestion area Feb13-14). Traders look ahead to tomorrow's FOMC minutes
release (1900GMT) where main focus is expected to be around inflation language
and context to the added word "further" in further gradual increases. Usd/Jpy
last Y107.27.

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