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Failed to Clear 111.00 USDJPY......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Failed to Clear 111.00
USDJPY faded the early risk-off move, but failure to reclaim 111.00 keeps the
bearish outlook intact. Cloud base support comes in at 110.32, with a break here
opening a run at the 110 level, ahead of the Mar 25 low at 109.71. Bulls need to
recover 111, while a break back above the 200-dma at 111.50 is needed to
reignite upside momentum and bring the 112 level back into view.

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