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Focus Again Returns To.............>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Focus Again Returns To Y111.99-Y111.95 Support
*RES 4: Y113.09/13 Hourly congestion Dec 13
*RES 3: Y112.89 Dec 14 high
*RES 2: Y112.70 Hourly resistance
*RES 1: Y112.46 Dec 13 low, now resistance
*PRICE: Y112.18 @1030GMT
*SUP 1: Y111.95/99 61.8% Fibo of Y110.84-Y113.75, Dec 6 low
*SUP 2: Y111.72 1% volatility band
*SUP 3: Y111.53 76.4% Fibo of Y110.84-Y113.75
*SUP 4: Y110.84 Nov 27 low
*COMMENTARY* Unable to make an impression on the 76.4% Fibo retrace level at
Y113.82. Tuesday's rally pulling up shy at Y113.75. The subsequent fall and
break below Y113.13-Y113.09, began a correction, which with the further loss of
Y112.46-Y112.38, has once again put the spotlight on Y111.99-Y111.95 support.
This currently protecting against a further Y111.72-Y111.53 fall. In the
interim, resistance from Y112.46-Y112.70 bars the way to any near term recovery.

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