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USD/JPY last Y113.62, as the yen.........>

DOLLAR-YEN
DOLLAR-YEN: USD/JPY last Y113.62, as the yen struggled to latch on to the
broader USD weakness post-U.S. Midterms, as USD/JPY finished higher Wednesday,
with higher U.S. stock indices lending a helping hand.
- Bulls need a close above Y113.82 to regain control, targeting a break of
Y114.00, ahead of the Oct 4 high at Y114.55. A close below Y113.00 would shift
momentum back to the bears, opening the 21-DMA & broken trendline
resistance-turned-support at Y112.65/60.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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