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Up Trendline Support Holding.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Up Trendline Support Holding
USDJPY managed to close above up trendline support again yesterday despite a
brief dip below it. This trendline comes in today at 112.75, a break turns the
outlook negative with bears targeting the Nov 20 low & 100-dma at 112.31/30.
Bulls need a convincing break of the 50% retracement level at 113.21 to open a
run at 114.00.

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