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Retest Of The 112.15? USDJPY has...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Retest Of The 112.15?
USDJPY has regained some bullish momentum, suggesting the pullback over the past
couple of days was a correction and the uptrend remains intact. A retest of
Wednesday's highs at 112.15 appears on the cards and a break above here allows
the uptrend to be extended towards the 113.17 July highs. However, a move below
yesterday's 111.32 low will challenge the bullish picture, while a break below
below 110.75 would be needed to mark a bearish reversal.

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