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Plays the Range Monday looks to....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Plays the Range
Monday looks to finish where it started, with the day's trading providing few
fresh technical signals. The minor move higher across the European morning
topped out at 108.72 before settling at and around the Y108.50 mark. Bulls
remain focused on Jun 11 high at 108.80. A topside break of the 21-dma at 108.98
and 109.04(trendline drawn off 2019 high of 112.40 Apr24), brings the 38.2%
retracement into view at 109.23. Bears need to clear the 108.00/05 level, which
holds the 76.4% retrace of the Jun6-11 recovery, Jun 6 low & 2019 support line.
Below here exposes the Jun 5 low & 61.8% retracement of the Jan-Apr rally at
107.82/75.

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