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106.00 Breached: *RES 4:...........>

DOLLAR-YEN TECHS: 106.00 Breached:
*RES 4: 107.85/94 100-hma/Low Jul 24
*RES 3: 107.21 Low Jul 18
*RES 2: 106.90 Lower 1.0% 10-dma envelope
*RES 1: 106.68 Intraday high
*PRICE: 105.96 @ 08:55 GMT Aug 05
*SUP 1: 105.79/76 Intraday low/Lower Bollinger Band (3%)
*SUP 2: 105.00 Psychological support
*SUP 3: 104.87 YTD low
*SUP 4: 104.56 Low Mar 26 2018
Escalating trade tensions saw USDJPY breach the 106.00 level and look to extend
its run of losses into a third straight session. The subsequent move below key
support in the form of the late June low, leaves bears ultimately focused on
round number support at 105.00 and the flash crash lows at 104.87. Weakened
bulls look for a quick recovery above the 108 level to reignite upside momentum.

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