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Continues It's Near Term...........>

DOLLAR-YEN TECHS: Continues It's Near Term Recovery
*RES 4: Y108.28 Jan 26 low, now resistance
*RES 3: Y108.05 Feb 9 low, now resistance
*RES 2: Y107.55/65 Congestion area Feb 13-14
*RES 1: Y107.17/21 Hourly highs Feb 14, intraday high
*PRICE: Y107.18 @0955GMT
*SUP 1: Y106.60/65 Hourly support
*SUP 2: Y106.35/45 Hourly lows/highs Feb 16-19
*SUP 3: Y105.92 Hourly base Feb 16 
*SUP 4: Y105.44/55 Jan 2014, Oct 3 2016 highs, Feb 16 low
*COMMENTARY* The recovery continues, moving us safely away from the lower 2%
volatility band, which out of interest is at Y105.44 by time today. Now needing
to clear Y107.17-Y107.21 before the next leg higher towards Y107.55-Y107.65 can
kick in. Main resistance to this rise will likely be seen from two recent
Y108.05-Y108.28 lows. In the interim, support moves up to Y106.65-Y106.60 but
more important from the lower Y106.45-Y106.35 area.

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