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Pressuring Bull Channel Base *.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Pressuring Bull Channel Base
* Fresh 7mth highs lacked follow through with a bearish key day reversal
combined with daily studies correcting from O/B and daily momentum divergence
adding weight to the case for a correction back to 110.75. 
* A close below Y110.75 is needed to confirm breaks of the 21-DMA and bull
channel base, pressure the Y109.95-110.42 region where key DMAs are noted. 
* Bulls now need a close above Y112.69 to return pressure to Y113.26-74 where
the 200-WMA, 2018 & Dec highs are located. 
* The Bollinger top is noted at Y113.15 and currently limits follow through.

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