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Focus Back on Key Resistance.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Focus Back on Key Resistance
*RES 4: Y115.62 High Jan 19 
*RES 3: Y115.24 Falling LT weekly TL 
*RES 2: Y114.49 Monthly High July 11 
*RES 1: Y114.26 Hourly resistance Nov 1
*PRICE: Y114.13 @ 1930GMT
*SUP 1: Y113.72 High Oct 31 now support 
*SUP 2: Y113.52 Alternating hourly support/resistance 
*SUP 3: Y113.22 Hourly support Oct 31 
*SUP 4: Y112.99 21-DMA
*COMMENTARY: Despite looking heavy and pressuring the 21-DMA bears failed to
produce the close below to confirm focus on Y111.32-112.30. The bounce eases
bearish with immediate focus having returned to the key Y114.49 level. The
21-DMA is now key support with bears needing a close below to shift focus back
to Y111.37-112.30 where key DMAs are situated. The Bollinger band top is noted
at (Y114.32) and is the key concern.

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