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Bulls Now Need Close Above.........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Bulls Now Need Close Above Y108.42
*RES 4: Y109.78 High Feb 8 
*RES 3: Y108.42 Low Feb 12 now resistance 
*RES 2: Y108.38 21-DMA 
*RES 1: Y108.03 Low Feb 9 now resistance
*PRICE: Y107.35 @ 0530GMT
*SUP 1: Y107.01 Hourly support Feb 20 
*SUP 2: Y106.42 Hourly support Feb 19 
*SUP 3: Y106.10 Low Feb 19 
*SUP 4: Y105.50 Monthly High Oct 2016 now support
*COMMENTARY: The Y105.50 support confirmed significance supporting on fresh 2018
lows. Bears need a close below Y105.50 to add weight to the case for a move to
Y99.08-101.15. Bulls now need a close above Y108.42 to hint at a correction back
to Y110.47 and above Y109.78 to confirm. Correcting O/S daily studies and
Bollinger base (Y105.92) remain concerns for bears who now need a close below
Y107.01 to retain initial focus on Y105.50.

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