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Below Y109.27 Targets 2017 Low.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Below Y109.27 Targets 2017 Low
*RES 4: Y110.80 Daily Bear channel top 
*RES 3: Y110.61 Hourly support Aug 16 now resistance 
*RES 2: Y110.37 High Aug 17 
*RES 1: Y110.03 Hourly resistance Aug 17
*PRICE: Y109.58 @ 2030GMT
*SUP 1: Y109.40 Hourly support Aug 14 
*SUP 2: Y109.27 Hourly resistance Aug 14 now support 
*SUP 3: Y108.69 Monthly Low June 14 
*SUP 4: Y108.10 2017 Low Apr 17
*COMMENTARY: The recovery from Friday's lows has ended with the pair capped
ahead of key DMAs Wednesday. Bulls need a close above Y110.62 to return focus to
Y111.05-30, above the 55-DMA (Y111.30) to hint at a shift higher in focus and
above the 200-DMA (Y112.54) to target Y114.50-115.50. Bears look for a close
below Y109.27 to target Y108.10-69 where 2017 lows are situated. Daily studies
have corrected back to more neutral levels.

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