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Below 100-WMA Targets Y107.31......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Below 100-WMA Targets Y107.31
*RES 4: Y112.18 Hourly resistance Nov 22 
*RES 3: Y111.87 Low Nov 20 now resistance 
*RES 2: Y111.69 200-DMA 
*RES 1: Y111.46 Hourly resistance Nov 27
*PRICE: Y111.04 @ 2000GMT
*SUP 1: Y110.84 Hourly support Nov 24 
*SUP 2: Y110.60 Daily Bear channel base 
*SUP 3: Y110.22 100-WMA 
*SUP 4: Y109.52 Low Sept 15
*COMMENTARY: Bearish confidence grows with the 200-DMA capping to start the new
week and focus on the 100-WMA. Bears need a close below the 100-WMA to confirm
focus on tests of Y107.31 2017 lows. O/S studies and the Bollinger band base
(Y110.93) remain key concerns for bears. Bulls look for a close above the
200-DMA to ease bearish pressure and above the 21-DMA (Y112.98) to shift overall
focus back to tests of Y114.72 with above Y113.33 confirming.

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