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USDJPY: Holding Breakout Gains.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: USDJPY: Holding Breakout Gains
USDJPY remains near its recent highs after breaking sharply higher from the
recent trading range and through its 21-DMA, turning momentum indicators
bullish. The rally has developed a bullish structure, consistent with further
gains. A break above 112.06 will likely open the way to the 113.17 July highs.
Holding above 111.25 will maintain the renewed positive technical picture.

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