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Dual Resistance Seen From..........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Dual Resistance Seen From Y112.20 Today
*RES 4: Y112.81 76.4% Fibo of Y114.50-Y107.32
*RES 3: Y112.42 Jul 20 high
*RES 2: Y112.20 Jul 26 high, 2% volatility band
*RES 1: Y111.88 Intraday high
*PRICE: Y111.65 @0921GMT
*SUP 1: Y111.34 Sep 15 high, now support
*SUP 2: Y111.10 Hourly highs Sep 15, now support
*SUP 3: Y110.90 Hourly congestion area Sep 15
*SUP 4: Y110.62 Hourly base Sep 15
*COMMENTARY* The 'Doji' candle close on Sep 8 continues to power the recovery.
Now pushing slightly through the next upside barrier, the 61.8% Fibo retrace
level at Y111.76. A sustained break here and the 2% volatility band and Jul 26
high at Y112.20 can inhibit further Y112.42-Y112.81 gains. Support continues to
rise, the Y111.34-Y110.90 area now the protection to the next key level at
Y110.62 level. Loss here would caution now.

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