Focus Remains On The 106.92 Key....>

DOLLAR-YEN TECHS: Focus Remains On The 106.92 Key Support

*RES 4: 109.38 High Apr 6 and near-term bull trigger

*RES 3: 109.06 High Apr 9

*RES 2: 108.59 High Apr 10

*RES 1: 108.08 High Apr 16 and 17

*PRICE: 107.84 @ 16:45 BST Apr 22

*SUP 1: 106.92/93 Low Apr 1 and bear trigger / Low Apr 15

*SUP 2: 106.76 Low Mar 18

*SUP 3: 106.45 50.0% retracement of the Mar 9 - 24 rally

*SUP 4: 105.81 Low Mar 17

USDJPY is unchanged. The pair managed to find support ahead of the key 106.92,

Apr 1 low last week. Attention is on this support following the failure at

109.38 on Apr 6. In order to reinstate a bullish theme, clearance of 109.38 is

required. This resistance marks the key S/T bull trigger and a break would open

110.00 and beyond. On the downside, losses through 106.92 would be bearish

exposing 106.45, a Fibonacci retracement.