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Capped Ahead Of Key Resistance.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Capped Ahead Of Key Resistance
*RES 4: Y115.62 High Jan 19 
*RES 3: Y115.34 Falling LT weekly TL 
*RES 2: Y114.49 Monthly High July 11 
*RES 1: Y114.24 High Oct 25
*PRICE: Y113.71 @ 1930GMT
*SUP 1: Y113.48 Hourly support Oct 25 
*SUP 2: Y113.25 Low Oct 24 
*SUP 3: Y113.06 Hourly support Oct 20a 
*SUP 4: Y112.74 Hourly resistance Oct 19 now support
*COMMENTARY: Hesitation ahead of Y114.49 is less than ideal for bulls with the
Bollinger band top (Y113.75) continuing to limit follow through. Daily studies
still have room to move before O/B is an issue. Bears continue to look for a
close below Y113.06 to ease immediate bullish pressure and below Y112.30 to
shift focus back to Y111.08-73 where key DMAs are noted. While Y113.06 supports
bulls focus on the break of Y114.49 needed to shift focus to Y115.34-62.

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