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Risk On Dominates USDJPY is........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Risk On Dominates
USDJPY is testing its 200-dma at 111.42 as bulls look to build on yesterday's
risk on driven gains. Above here would re-ignite upside momentum and challenge
the 112 level, which has previously proved hard to overcome. Bears look for a
close below Friday's low at 110.79 to open the Feb 22/Feb 19 lows at 110.56/45
and suggest a downside reversal.

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