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Bulls Focused on 200-DMA *RES 4:...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Focused on 200-DMA
*RES 4: Y112.42 High July 20 
*RES 3: Y112.23 200-DMA 
*RES 2: Y112.19 High July 26 
*RES 1: Y111.88 High Sept 19
*PRICE: Y111.51 @ 2030GMT
*SUP 1: Y111.11 Hourly support Sept 18 
*SUP 2: Y110.99 Hourly support Sept 18 a 
*SUP 3: Y110.62 Hourly support Sept 15 
*SUP 4: Y110.29 Hourly resistance Sept 15 now support
*COMMENTARY: The close above the Y111.33 level added support to the bullish case
and sees focus now on the 200-DMA. Bulls now look for a close above the 200-DMA
to shift initial focus to July highs (Y114.49) and overall focus to 2017 highs
(Y118.61). Bears still look for a close below Y110.99 to ease bullish pressure
and below Y110.62 to shift initial focus back to Y109.55. The Bollinger top
(Y111.54) remains the key concern for bulls.

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