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Bounces From 21 & 200-DMAs *RES....>

DOLLAR-YEN TECHS: Bounces From 21 & 200-DMAs
*RES 4: Y113.44 High Oct 6 
*RES 3: Y113.18 Hourly support Oct 6 now resistance 
*RES 2: Y112.89 Hourly resistance Oct 6 
*RES 1: Y112.48 Hourly resistance Oct 10
*PRICE: Y112.36 @ 1930GMT
*SUP 1: Y112.01 21-DMA 
*SUP 2: Y111.86 200-DMA 
*SUP 3: Y111.48 Low Sept 25 
*SUP 4: Y111.09 100-DMA
*COMMENTARY: Bearish pressure resulted in a break lower only to find support and
bounce from key DMAs. Bulls now need a close above Y112.48 to gain breathing
room and above Y112.89 to return pressure to Y113.44-70. Bears now focus on the
200-DMA with a close below needed to pressure Y111.48 and below this level to
shift focus to 55 ( Y110.64) & 100 (111.09) DMAs. Below the 55-DMA hints at a
move back to 2017 lows with below Y109.52 to confirm.

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