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Below Y105.22 Targets..............>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Below Y105.22 Targets Y99.08-101.15
*RES 4: Y107.53 Bollinger band top 
*RES 3: Y107.29 High Mar 13 
*RES 2: Y106.75 High Mar 14 
*RES 1: Y106.40 Hourly resistance Mar 14
*PRICE: Y105.77 @ 0530GMT
*SUP 1: Y105.22 2018 Low Mar 2 
*SUP 2: Y101.15 Monthly Low Nov 9 2016 
*SUP 3: Y100.07 Monthly Lows Sept 22 & 27 2016 
*SUP 4: Y99.08  2016 Low June 2016
*COMMENTARY: The break of Y105.79 left the pair looking heavy with bears focused
on the break of 2018 lows needed to add weight to the case for a test of the
Y99.08-101.15 support region. Layers of resistance building add to bearish
confidence. Bulls need a close above Y106.75 to gain breathing room and above
Y107.29 to shift initial focus to Y108.03-92 where the 55-DMA (Y108.68) is
located. While Y106.75 caps immediate focus remains on 2018 lows.

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