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Testing 200-DMA USDJPY is..........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Testing 200-DMA
USDJPY is trading at weekly highs as bulls look to take out the 200-dma which
sits around current levels at 111.43. A close above here would re-ignite upside
momentum and challenge the 112.00 level, which has proved hard to overcome.
Bears target a move back below 111.00 and the Mar 8 low at 110.79 to mount a
downside reversal.

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