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AUSSIE 10-YEAR TECHS

(U2) More Stable But Still Fragile

USDCAD TECHS

Trend Structure Remains Bullish

US TSYS

Cautious Risk Appetite Gains Momentum

AUDUSD TECHS

Key Support Still Exposed

US STOCKS

Late Equity Roundup: 2W Highs

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Selling Pressure Dominating *RES...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Selling Pressure Dominating
*RES 3: 112.40 High Apr 24, 2019
*RES 2: 112.23 High Feb 20 and key resistance
*RES 1: 111.68 High Feb 24
*PRICE: 110.14 @ 16:32 GMT Feb 25
*SUP 1: 110.01 Low Feb 25
*SUP 2: 109.85 Low Feb 19
*SUP 3: 109.68 50-day EMA
USDJPY struggled Monday and that sell-off extended into the Tuesday session. The
moves follow the rejection off last week's high of 112.23 on Feb 20. Momentum
studies are beginning to highlight the risk of a near-term top with recent
readings in overbought territory. The RSI recently entered the 70% range. This
highlights the importance of last week's high of 112.23 as a key resistance. A
break would resume the uptrend. On the downside, the move below 110.33 has
opened 109.85.

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