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USDJPY had a brief look above 110.50.....>

DOLLAR-YEN
DOLLAR-YEN: USDJPY had a brief look above 110.50 in early Asia-Pacific dealing,
the cross last deals at 110.45.
- Bulls will be encouraged by the first close above the 200-DMA since mid-May,
with resistance now noted at the 76.4% Fibonacci retracement of the move from
111.40 to 108.11 (110.62). Hourly support is noted at 110.10.
- The BoJ's Rinban operations will provide the most notable points of interest
ahead of Friday's BoJ MonPol decision.
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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