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21-DMA Support Key Today *RES 4:...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 21-DMA Support Key Today
*RES 4: Y113.70 Low July 11 now resistance 
*RES 3: Y113.44 High Oct 6 
*RES 2: Y113.18 Hourly support Oct 6 now resistance 
*RES 1: Y113.15 Bollinger band top
*PRICE: Y112.96 @ 0210GMT
*SUP 1: Y112.75 Hourly support Oct 18 
*SUP 2: Y112.46 21-DMA 
*SUP 3: Y112.04 Hourly support Oct 17 
*SUP 4: Y111.65 Low Oct 16
*COMMENTARY: The pair found support on dips below the 200-DMA (Y111.74) with
bulls taking comfort gaining traction above the 21-DMA and Tuesday's high. The
Bollinger band top is currently capping but daily studies remain well placed for
gains. The 21-DMA is key support today with bears needing a close below to ease
bullish pressure. Overall below Y111.48 is needed to shift focus to 55 &
100-DMAs. Bulls now look for a close above Y113.70 to pressure 2017 highs.

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