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Further extends its recovery away from...>

MNI (London)
DOLLAR-YEN: Further extends its recovery away from recent low of Y105.55(Feb16)
to Y106.95 ahead of today's European open. The Usd seen trading firm across the
board. Corrective pullbacks so far remain fairly shallow and seen keeping focus
on the topside with next technical resistance seen at the Feb15 high of Y107.02.
Break here to open a move toward Y107.23 ahead of stronger resistance area
between Y107.40/54. Support Y106.50. 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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