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Something's Got To Give The key....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Something's Got To Give
The key 112 gave way early Thursday amid rising risk-off sentiment but in the
London session markets managed to move higher and hit down trendline resistance
at 112.58. Bulls need to break above the 21-dma at 112.88, above which would
allow a challenge of the YTD highs at 114.55. Bears need a close below the up
trendline support/50-dma at 112.07/09. The 100-dma lies below at 111.54.

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