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Bulls Need Close Above Y112.89.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Need Close Above Y112.89
*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: Y112.58 High Oct 11
*PRICE: Y112.35 @ 0430GMT
*SUP 1: Y112.20 21-DMA 
*SUP 2: Y111.82 200-DMA 
*SUP 3: Y111.48 Low Sept 25 
*SUP 4: Y111.11 100-DMA
*COMMENTARY: Bulls failed to capitalise on the bounce from 21 & 200-DMAs Tuesday
with pressure having returned to these supports. 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 (Y110.68) & 100 (111.11) DMAs. Below the 55-DMA hints at a move back
to 2017 lows with below Y109.52 to confirm. Bulls look for a close above Y112.89
to ease pressure on key supports and initially target Y113.44-70.

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