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Finding Support Ahead of LT Rising TL....>

DOLLAR-YEN
DOLLAR-YEN: Finding Support Ahead of LT Rising TL
*RES 4: Y108.03 Low Feb 9 now resistance, 55-DMA 
*RES 3: Y107.29 High Mar 13 
*RES 2: Y106.75 High Mar 14 
*RES 1: Y106.09 Hourly resistance Mar 21
*PRICE: Y105.39 @ 2030GMT
*SUP 1: Y105.29 Hourly resistance Mar 23 now support 
*SUP 2: Y104.55 2018 Low Mar 26 
*SUP 3: Y104.26 LT Rising TL off 2016 low 
*SUP 4: Y101.15 Monthly Low Nov 9 2016
*COMMENTARY: Bulls take comfort in support having emerged ahead of the LT rising
TL off 2016 lows with support layers tentatively building. Initial focus is now
on Y106.09 with bulls needing a close above to return focus to Y106.75-107.29.
Daily studies are well placed for a fresh leg higher. Bears now need a close
below the LT rising TL to confirm focus on Y99.08-101.15 where 2016 lows are
noted.

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