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Oct Highs in Focus USDJPY..........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Oct Highs in Focus
USDJPY touched 113.45 amid the backdrop of improved risk sentiment, its highest
levels since Oct 8. Consolidation above here would allow bulls to target the
Y114 level & Oct 4 highs at 114.55. On the downside, a close below the 21-dma,
currently at 112.56, returns the outlook neutral with bears targeting broken
trendline resistance-turned-support at 112.30.

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