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Below Y110.83 To Target 2017.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Below Y110.83 To Target 2017 Lows
*RES 4: Y113.74 High Dec 12 
*RES 3: Y113.30 Hourly resistance Dec 13a 
*RES 2: Y112.88 High Dec 14 
*RES 1: Y112.47 Hourly breakout level Dec 14
*PRICE: Y112.31 @ 0530GMT
*SUP 1: Y111.98 Low Dec 6 
*SUP 2: Y111.62 200-DMA 
*SUP 3: Y111.35 Low Nov 29 
*SUP 4: Y110.83 Monthly Low Nov 27
*COMMENTARY: Recent topside hesitation has seen the pair head lower taking out
key supports and looking a little heavy. Thursday's losses see bears now focused
on Y110.83-111.69 where monthly lows, 100 & 200-DMAs are noted. The pair was
rejected above the 55-DMA with bulls now needing a close above Y112.88 to ease
bearish pressure and above Y114.06 to reconfirm focus on Y114.72 Nov highs.
Bears now look for a close below Y110.83 to target 2017 lows (Y107.31).

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