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Bears Need Close Below Y113.52.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bears Need Close Below Y113.52
*RES 4: Y115.62 High Jan 19 
*RES 3: Y115.15 Falling LT weekly TL 
*RES 2: Y114.72 Hourly resistance Nov 6 
*RES 1: Y114.42 Hourly resistance Nov 6a
*PRICE: Y113.89 @ 2000GMT
*SUP 1: Y113.52 Alternating hourly support/resistance 
*SUP 2: Y113.22 21-DMA 
*SUP 3: Y112.95 Low Oct 31 
*SUP 4: Y112.74 Hourly resistance Oct 19 now support
*COMMENTARY: The break of the key Y114.49 resistance lacked follow through with
the closes back below Y114.00 negating the break and leaving the pair looking
heavy as focus remains on Y112.95-113.52. Overall bears need a close below
Y112.95 confirm a break of the 21-DMA and confirm focus on Y111.46-112.30. Bulls
now look for a close above Y115.62 to shift focus to tests of 2017 highs. Daily
studies are well placed for a fresh leg lower.

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