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Approaching Key Resistance *RES....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Approaching Key Resistance
*RES 4: 110.96 High May 6
*RES 3: 110.50 1.000 projection Aug 26 - Sep 18 rally from Oct 3 low
*RES 2: 109.93 High May 30
*RES 1: 109.73 High Dec 2 and key resistance
*PRICE: 109.69 @ 10:30 GMT Dec 13
*SUP 1: 108.99 Intraday low
*SUP 2: 108.43 Low Dec 4 and Low Dec 9
*SUP 3: 108.24 Low Nov 14 and key support
*SUP 4: 107.89 Low Nov 1
USDJPY remains firm having recovered sharply off yesterday's low and has also
extended these gains today. Attention turns to the key near-term resistance at
109.73, Dec 2 high where a break would confirm a resumption of the uptrend that
has been in place since Aug 26. This would open 109.93, May 30 high and and also
open up scope for gains above 110.00. Key support has been defined at 108.43.

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