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Directionless: *RES 4: 107.57......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Directionless:
*RES 4: 107.57 High Aug 2
*RES 3: 107.25 50-dma
*RES 2: 106.98 High Aug 13 and key resistance
*RES 1: 106.74 Aug 23 high and recent congestion area
*PRICE: 106.27 @ 16:17 GMT Sep 4
*SUP 1: 105.59 Low Aug 27
*SUP 2: 104.46 Low Aug 26 and YTD low
*SUP 3: 104.00 Psychological round number
*SUP 4: 103.66 76.4% retracement of the Jun - Dec, 2016 rally
USDJPY attempted a move lower Tuesday but was unable to snap out of the recent
range. Bears need to press prices through the 105.59 support to open further
losses towards the 104.46 bear trigger where a break would open the
psychological support at 104.00, the medium-term target. To the upside, a 106.98
break, the Aug 13 high, would represent an important bullish development and a
potential reversal.

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