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Focus Is On Key Resistance *RES....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Focus Is On Key Resistance
*RES 4: 110.96 High May 6
*RES 3: 110.50 1.000 projection Aug 26 - Sep 18 rally from Oct 3 low
*RES 2: 109.93 High May 30
*RES 1: 109.73 High Dec 2 and key resistance
*PRICE: 109.24 @ 16:47 GMT Dec 13
*SUP 1: 108.99 Low Dec 13
*SUP 2: 108.43 Low Dec 4 and Low Dec 9
*SUP 3: 108.24 Low Nov 14 and key support
*SUP 4: 107.89 Low Nov 1
USDJPY traded in a choppy manner Friday but the pair did push higher, extending
the strong recovery seen on Thursday. Attention is on the key near-term
resistance at 109.73, Dec 2 high where a break would confirm a resumption of the
uptrend that has been in place since Aug 26. This would open 109.93, May 30 high
and and also open up scope for gains above 110.00. Key support has been defined
at 108.43.

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