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USDJPY is maintaining the recent slight.........>

YEN
YEN: USDJPY is maintaining the recent slight upward trend and although some of
this morning's early momentum is starting to fade, intra-day trend indicators
are giving fresh bullish signals. A move back above the 107.50 near-term pivotal
level will likely give renewed upside impetus putting the focus on the medium
term important 108.13 level, which has played a key role in defining USDJPY
trading activity for over a year. Daily momentum indicators remain supportive
but have yet to generate a fresh bullish signal. Holding 107.15 today maintains
a constructive technical picture.

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