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USDJPY touched overnight highs of........>

DOLLAR-YEN
DOLLAR-YEN: USDJPY touched overnight highs of Y112.10, before meeting resistance
from the Mar 5 ytd high (Y112.14). The subsequent retracement dipped back under
Y112.00, despite this pullbacks have so far remained shallow and keeps the
uptrend intact. A topside break of Y112.14 opens the 76.4% retracement of of the
Oct - Jan fall at Y112.25, ahead of the 50% fibo of Y125.86-99.02 & Dec 20 high
at Y112.44/60. USDJPY last Y111.95. 

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