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DOLLAR-YEN TECHS: Risk Appetite Returns
Post FOMC dollar demand recovered off three-week lows of 111.05 yesterday.
USDJPY charted a long-legged Doji pattern and a close above the mid-point
triggered renewed bullish signals. Positive trade talk underpinned risk with a
move back through the 100-dma to 111.67. Bulls need a close above here to
reignite upside momentum and bring the 112 level back into view. Bears need a
break of the 111.00 handle to put the focus on the Apr 10 low & 100-dma at