Close Below Y112.30 To Ease........>

DOLLAR-YEN TECHS: Close Below Y112.30 To Ease Bullish Pressure

*RES 4: Y114.07 High Nov 9 

*RES 3: Y113.33 High Nov 16 

*RES 2: Y113.10 High Dec 4 

*RES 1: Y112.85 Hourly resistance Dec 4

*PRICE: Y112.45 @ 0215GMT

*SUP 1: Y112.30 Hourly resistance Dec 1 now support 

*SUP 2: Y111.82 Hourly support Dec 1 

*SUP 3: Y111.35 Low Nov 29 

*SUP 4: Y110.83 Monthly Low Nov 27

*COMMENTARY: Friday saw a recovery from a dip below the 200-DMA (Y111.67) to

flirt with the 55-DMA (Y112.75). Bulls take comfort in Friday's bounce with

focus remaining on Y113.33. Bulls need a close above Y113.33 to add support to

the case for a move initially targeting Y114.72 Nov highs. Bears need a close

below Y112.30 to ease pressure on resistance layers and below Y110.83 to end

bullish hopes, initially targeting Y109.52 with overall focus on 2017 lows.