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Bears Need Close Below Y109.84.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bears Need Close Below Y109.84
*RES 4: Y111.49 High Jan 18 
*RES 3: Y111.39 High May 21 
*RES 2: Y111.18 High May 22 
*RES 1: Y110.84 High June 13
*PRICE: Y110.21 @ 0430GMT
*SUP 1: Y110.10 Hourly support June 12 
*SUP 2: Y109.84 Hourly resistance June 11 now support 
*SUP 3: Y109.01 Hourly support June 1 
*SUP 4: Y108.88 55-DMA
*COMMENTARY: Despite closes above the 200-DMA (Y110.21), the lack of follow
through on the break of Y110.72 has left the pair looking a little heavy.
Initial support remains at Y110.10 with bears needing a close below Y109.84 to
ease bullish pressure and below the 55-DMA to pressure Y107.85-108.09 where the
100-DMA is found. Bulls now need a close above Y110.84 to confirm traction above
the 200-DMA and return immediate focus to Y111.39-98.

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