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

DOLLAR-YEN TECHS: Bears Need Close Below Y113.52
*RES 4: Y115.15 Falling LT weekly TL 
*RES 3: Y114.72 Hourly resistance Nov 6 
*RES 2: Y114.42 Hourly resistance Nov 6a 
*RES 1: Y114.00 Hourly resistance Nov 7
*PRICE: Y113.75 @ 0220GMT
*SUP 1: Y113.52 Alternating hourly support/resistance 
*SUP 2: Y113.29 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
Monday 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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