Familiar territory: *RES 4:........>

DOLLAR-YEN TECHS: Familiar territory:

*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: 106.07 @ 08:31 GMT Sep 3

*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 conditions are still unchanged. The focus is on 106.74 level, a break

would open the 106.98 key resistance and the 50-dma at 107.25. A 106.98 break,

the Aug 13 high would represent an important bullish development and a potential

reversal. Until then, the failure around 107.00 in August maintains a bearish

threat. A break of 105.59 would reopen 104.46. Clearance of the latter targets

104.00 and 103.66.