Trial now

Limited Start


Japan To Observe Holiday


Flattening Extends

DOLLAR-YEN TECHS: Bears Need Close Below 21-DMA
*RES 4: Y108.03 Low Feb 9 now resistance 
*RES 3: Y107.73 55-DMA 
*RES 2: Y107.29 High Mar 13 
*RES 1: Y107.13 Bollinger band top
*PRICE: Y106.24 @ 2130GMT
*SUP 1: Y106.10 21-DMA 
*SUP 2: Y105.29 Hourly resistance Mar 23 now support 
*SUP 3: Y104.55 2018 Low Mar 26 
*SUP 4: Y104.28 LT Rising TL off 2016 low
*COMMENTARY: The recovery from the LT rising TL off 2016 lows received a boost
with an aggressive rally that saw immediate focus shift to the Y107.29-108.03
resistance region. Bulls need a close above Y108.03 to end bearish hopes and
shift focus to Y109.51-110.82 where key WMA and DMAs are situated. Bears
continue to look for a close below the 21-DMA to ease renewed bullish pressure
and below Y105.29 to pressure 2018 lows once more.