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Failure To Overcome 114 Gives......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Failure To Overcome 114 Gives Bears Hope
Monday's failure to close above 114 gave way to weakness yesterday as bears look
to develop some downside momentum to challenge the Sep 28 low of 112.56. A break
below here would shift the outlook back to neutral, before targeting the 112
level to attempt to gain the upper hand. Bulls need a close above 114.00 for
resumption of the uptrend, targeting the Nov 2017 high at 114.73, ahead of the
61.8% retracement of 125.86-99.02 at 115.61. 

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