Consolidation Continues After......>

DOLLAR-YEN TECHS: Consolidation Continues After Equality Rise Target Caps Rise 

*RES 4: Y114.33 61.8% Fibo of Y118.67-Y107.32

*RES 3: Y113.91 1.618 swing of Y113.26-Y112.21

*RES 2: Y113.50/77 1.618 swing Y112.72-Y111.47, 1% vol band

*RES 1: Y113.27 Equality rise from Y109.55 to Y107.32-Y111.04

*PRICE: Y113.02 @0916GMT

*SUP 1: Y112.50/60 Hourly support

*SUP 2: Y112.32 Oct 4 low

*SUP 3: Y112.21 Sep 29 low

*SUP 4: Y111.89 76.4% Fibo of Y111.47-Y113.26

*COMMENTARY* The key Y111.45 support held last week and prefaced another rise.

This has broken above the year's Y112.67 falling resistance line and the 50%

Fibo retrace level at Y113.00 but has so far been capped by the equality rise

target at Y113.27. As a result, support has also risen, Y112.32-Y112.21 the

initial area now and protection against a deeper correction of those gains from

Y111.47. Directly above Y113.27 and have Y113.50-Y113.91 to negotiate next.