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Bears Need Close Below 200-DMA.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bears Need Close Below 200-DMA
*RES 4: Y114.49 Monthly High July 11 
*RES 3: Y114.19 Bollinger band top 
*RES 2: Y113.70 Low July 11 now resistance 
*RES 1: Y113.26 High Sept 27
*PRICE: Y112.90 @ 1930GMT
*SUP 1: Y112.66 Low Oct 3 
*SUP 2: Y112.42 Hourly support Sept 29 
*SUP 3: Y112.22 Low Sept 29 
*SUP 4: Y111.98 200-DMA
*COMMENTARY: Bulls take comfort in pressure again returning to the Y113.26
resistance with bulls needing a close above to add support to their case for a
test of July highs. Daily studies are at less than ideal levels which is the key
concern for bulls. In saying that, layers of support add to bullish confidence.
Bears need a close below Y112.22 to ease bullish pressure and below the 200-DMA
to hint at a move back to key DMAs Y110.54-111.06 with below Y111.48 to confirm.

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