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105.00, holding for now: *RES 4:...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 105.00, holding for now:
*RES 4: 107.21/28 Low Jul 18/50% retracement of the Aug fall
*RES 3: 107.09 High Aug 06
*RES 2: 106.47 High Aug 7
*RES 1: 105.92/98 100-hma/hourly resistance Aug 9
*PRICE: 105.24 @ 15:16 GMT Aug 12
*SUP 1: 105.05 Intraday low
*SUP 2: 105.00 Psychological support
*SUP 3: 104.87 YTD low
*SUP 4: 104.56 Low Mar 26 2018
USDJPY breached the key 105.50 level with the downtrend extending to 105.05.
Technical indicators continue to display a bearish outlook, returning the focus
to the psychological 105.00 level, ahead of the flash crash ytd low at 104.87.
Bulls need to clear last Tuesday's high at 107.09 to signal scope for a
corrective recovery towards the 50% retracement of the Aug fall at 107.29.

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