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

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Below Y109.27 Targets 2017 Low
*RES 4: Y110.61 Hourly support Aug 16 now resistance 
*RES 3: Y110.37 High Aug 17 
*RES 2: Y110.03 Hourly resistance Aug 17 
*RES 1: Y109.59 Alternating hourly support/resistance
*PRICE: Y109.37 @ 04030GMT
*SUP 1: Y109.27 Hourly resistance Aug 14 now support 
*SUP 2: Y108.69 Monthly Low June 14 
*SUP 3: Y108.10 2017 Low Apr 17 
*SUP 4: Y106.95 High Nov 10 now support
*COMMENTARY: The recovery from last week's lows ended ahead of key DMAs
Wednesday. Bulls need a close above Y110.61 to return focus to Y111.05-30, above
the 55-DMA (Y111.24) to hint at a shift higher in focus and above the 200-DMA
(Y112.52) to target Y114.50-115.50. Bears look for a close below Y109.27 to
again target Y108.10-69 where 2017 lows are situated. The Bollinger base
(Y109.04) is the key concern for bears with potential to limit follow through.

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