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Above Y110.47 To Target 2018.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Above Y110.47 To Target 2018 High
*RES 4: Y109.79 High Feb 8 
*RES 3: Y109.45 100-WMA 
*RES 2: Y109.00 100-DMA 
*RES 1: Y108.94 21-WMA
*PRICE: Y108.80 @ 0430GMT
*SUP 1: Y108.54 Hourly support Apr 23 
*SUP 2: Y108.27 Hourly resistance Apr 23 now support 
*SUP 3: y107.85 High Apr 20 now support 
*SUP 4: Y107.48 Hourly support Apr 20
*COMMENTARY: Bulls flexed their muscles Monday with a break of Y108.03-42
confirming immediate focus on key WMAs and DMAs noted Y109.00-110.47. A close
above Y110.47 is needed to confirm breaks and target 2018 highs. Initial support
is noted at Y108.54 but bears look for a close below Y107.85 to ease bullish
pressure and shift focus back to Y106.57-107.34 where the 21 & 55 DMAs are
situated. The Bollinger top (Y108.55) is the key concern for bulls.

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