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Bears Need Close Below Y109.83.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bears Need Close Below Y109.83
*RES 4: Y111.33 High July 28 
*RES 3: Y111.19 55-DMA 
*RES 2: Y111.05 High Aug 4 
*RES 1: Y110.92 Bollinger band top
*PRICE: Y110.53 @ 0210GMT
*SUP 1: Y110.12 Hourly support Aug 30 
*SUP 2: Y109.83 Hourly support Aug 30a 
*SUP 3: Y109.41 Hourly resistance Aug 28 now support 
*SUP 4: Y108.96 Hourly resistance Aug 29 now support
*COMMENTARY: The Y108.10 support confirmed significance with the pair bouncing
aggressively. The recovery continued Wednesday with the pair now hinting at a
move back to Y111.05-33 where 55 & 100-DMAs are located. Bulls continue to look
for a close above Y111.33 to end bearish hopes and initially target Y112.19-49
where the 200-DMA is noted. Bears now need a close below Y109.83 to signal a
false break of Y110.37 and below Y109.41 to shift focus back to Y107.47-108.10.

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