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Bulls Need Close Above Y112.39.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Need Close Above Y112.39
*RES 4: Y114.49 Monthly High July 11 
*RES 3: Y113.70 Low July 11 now resistance 
*RES 2: Y112.85 Low July 13 now resistance 
*RES 1: Y112.39 Hourly support Sept 21 now resistance
*PRICE: Y112.25 @ 2030GMT
*SUP 1: Y111.54 Hourly resistance Sept 20 now support 
*SUP 2: Y111.10 100-DMA 
*SUP 3: Y110.99 Hourly support Sept 18 a 
*SUP 4: Y110.58 55-DMA
*COMMENTARY: Bulls have so far failed to gain traction above the 200-DMA
(Y112.12) seeing the pair dip back towards Y111.54. Bears need a close below
this level to confirm a shift in focus to 55 & 100-DMAs and below the 55-DMA to
hint at a move back to 2017 lows. Bulls now need a close above Y112.39 to retain
focus on Y112.85 and overall focus on tests of July monthly highs. O/B studies
and the Bollinger top (Y112.86) remain key concerns for bulls.

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