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200-DMA Now Supporting *RES 4:.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 200-DMA Now Supporting
*RES 4: Y114.07 High Nov 9 
*RES 3: Y113.33 High Nov 16 
*RES 2: Y112.75 21-DMA 
*RES 1: Y112.70 55-DMA
*PRICE: Y112.59 @ 2000GMT
*SUP 1: Y112.28 Hourly support Nov 30 
*SUP 2: Y111.68 200-DMA 
*SUP 3: Y111.35 Low Nov 29 
*SUP 4: Y110.83 Monthly Low Nov 27
*COMMENTARY: The break of the 200-DMA was reinforced with the 200-DMA providing
the base for an aggressive bounce that sees pressure  on 21 & 55-DMAs. Bulls now
need a close above the 21-DMA to end bearish hopes, shifting immediate focus to
Y113.33 and overall focus to tests of Y114.74 Nov highs. Initial support is
noted at Y112.28 with bears needing a close below to gain breathing room but
below the 200-DMA remains needed to return pressure to Y110.83 Nov lows.

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