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

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Need Close Above Y112.89
*RES 4: Y113.70 Low July 11 now resistance 
*RES 3: Y113.44 High Oct 6 
*RES 2: Y113.18 Hourly support Oct 6 now resistance 
*RES 1: Y112.89 Hourly resistance Oct 6
*PRICE: Y112.72 @ 0930GMT
*SUP 1: Y112.48 High Oct 17 now support 
*SUP 2: Y112.04 Hourly support Oct 17 
*SUP 3: Y111.65 Low Oct 16 
*SUP 4: Y111.48 Low Sept 25
*COMMENTARY: The pair found support on dips below the 200-DMA (Y111.76) this
week with bulls taking comfort in a break back above the 21-DMA (Y112.42) and
Tuesday's high with focus now on Y112.89 with bulls needing a close above to
shift immediate focus back to Y113.44-70. Failure to close above Y112.48 would
be less than ideal and see pressure back on the Y111.65-112.04 support region.
Below the 55-DMA (Y110.81) is needed to shift focus back to 2017 lows.

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