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Below Y110.83 Targets 2017 Low.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Below Y110.83 Targets 2017 Low
*RES 4: Y113.74 High Dec 12 
*RES 3: Y113.44 High Dec 22 
*RES 2: Y113.13 Low Dec 26 now resistance 
*RES 1: Y112.46 Low Dec 29 now resistance
*PRICE: Y112.33 @ 0220GMT
*SUP 1: Y111.98 Low Dec 6 
*SUP 2: Y111.66 200-DMA 
*SUP 3: Y111.35 Low Nov 29 
*SUP 4: Y110.83 Monthly Low Nov 27
*COMMENTARY: The pair remains heavy having dipped towards the Y111.98 support
with the Y110.83-111.98 support region the current focus. Bears then need a
close below Y110.83 to target 2017 lows (Y107.31). Layers of resistance are
accumulating and daily studies are well placed for further losses. Bulls
continue to look for a close above Y113.13 to gain breathing room and hint at a
correction back to Y113.74-114.07.

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