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USDCAD TECHS

Solid Bounce

AUDUSD TECHS

Reverses In Style

EURJPY TECHS

Accelerates Off Bull Trigger

USDJPY TECHS

Still Pointing Higher

EURGBP TECHS

Bouncing Well

GBPUSD TECHS

Bulls Press Pause

Shallow Recovery Recovery..........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Shallow Recovery
Recovery efforts have so far remained shallow which keeps the recent downtrend
intact. This brings the 61.8% retracement level & Jan 16 low at 108.38/37 into
view, ahead of a run at the 108 area. Bulls need to clear the 110 level which
has proved hard to overcome this year. An upside break would extend the recovery
towards the 100-wma at 110.87, ahead of the 200-dma at 111.26.