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USDJPY touched highs of Y110.91 but......>

DOLLAR-YEN
DOLLAR-YEN: USDJPY touched highs of Y110.91 but again failed to trouble the
Y111.00 level which has proved hard to overcome in recent sessions. A very quiet
week has seen the pair contained to a narrow Y110.45-95 range with headlines
expected to drive as we approach the US-China trade deadline on March 1. A
topside break opens the Feb 14 high & 200-dma at Y111.13/31. Bears target the
Feb 15 low & 50-dma at Y110.26/109.91. USDJPY last Y110.72.  

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