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Struggling To Build Above 110......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Struggling To Build Above 110
USDJPY traded above the 110.00 level but once again struggled to gain traction.
Bulls need a positive close today, before focusing on the Dec 31 high & 50-dma
at 110.48/65, a break opens the 200-dma at 111.27. Bears need to clear the
21-dma & 61.8% retracement level at 109.17/13, before challenging the Jan 31 low
at 108.50.

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