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55 & 200-DMAs Key This Week *RES...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: 55 & 200-DMAs Key This Week
*RES 4: Y114.49 Monthly High July 11 
*RES 3: Y113.94 Bollinger band top 
*RES 2: Y113.70 Low July 11 now resistance 
*RES 1: Y113.26 High Sept 27
*PRICE: Y112.82 @ 0210GMT
*SUP 1: Y112.22 Low Sept 29 
*SUP 2: Y112.00 200-DMA 
*SUP 3: Y111.92 Hourly support Sept 26 
*SUP 4: Y111.48 Low Sept 25
*COMMENTARY: Topside follow through above Y112.85 has been a little lacking
which is a concern with daily studies at O/B levels, momentum divergence and the
Bollinger top capping. In saying that, bulls are focused on tests of July highs
with above Y113.70 to add support to their case. Bears continue to look for a
close below the 200-DMA to ease bullish pressure and below Y111.48 to confirm a
shift in focus to key DMAs Y110.52-111.02.

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