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Minor pullback off European morning......>

DOLLAR-YEN
DOLLAR-YEN: Minor pullback off European morning highs (Y110.44), eases to the
Y110.30/35 area in early NY. Near term support is seen at Y110.15/11 (1%
volatility band, Intraday low), option-related support behind through Y110.00/05
(Expiries $1.33bn). Below here opens further key levels with the 200-dma
currently at Y109.95, ahead of the daily cloud base/100-dma at Y109.76/74. Bulls
need to regain Y111.87 (Aug3 high) to stabilise the near-term outlook.  

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