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Having broken back below the 200-dma.....>

MNI (London)
DOLLAR-YEN: Having broken back below the 200-dma on its third attempt the rate
has now broken under the earlier pullback low of Y110.13(off Asian high of
Y110.49) to extend the corrective pullback to Y110.10. Next support seen into
Y110.00, with that 200-dma at Y110.21 now offering minor resistance. Stronger
resistance remains between Y110.40-50. 
MNI London Bureau | +44 203-586-2231 |
MNI London Bureau | +44 203-586-2231 |

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