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Yet To Make Its Break USDJPY.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Yet To Make Its Break
USDJPY continues to range trade around the 112 level with bulls looking to
recover Wednesday's high at 112.17 to ignite some upside momentum towards the
76.4% retracement of the Oct - Jan fall at 112.25. A break above here would open
the Dec 20 high at 112.60. Bears look for a close back under 112 to suggest a
potential downside reversal, with a break below the 200-dma at 111.52 needed for
confirmation.

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