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Capped Ahead Of Key Resistance.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Capped Ahead Of Key Resistance
*RES 4: Y108.03 Low Feb 9 now resistance 
*RES 3: Y107.29 High Mar 13 
*RES 2: Y106.75 High Mar 14 
*RES 1: Y106.09 Hourly resistance Mar 21
*PRICE: Y105.49 @ 0430GMT
*SUP 1: Y105.29 Hourly resistance Mar 23 now support 
*SUP 2: Y104.55 2018 Low Mar 26 
*SUP 3: Y104.26 LT Rising TL off 2016 low 
*SUP 4: Y101.15 Monthly Low Nov 9 2016
*COMMENTARY: The recovery from the LT rising TL off 2016 lows is struggling a
little having run into selling ahead of the Y106.09-107.29 resistance region.
Bulls need a close above Y106.09 to return focus to Y106.75-107.29. Daily
studies remain well placed for a fresh leg higher. Bears now need a close below
Y105.29 to gain breathing room and below the LT rising TL off 2016 lows to
confirm focus on Y99.08-101.15 where 2016 lows are noted.

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