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Focus returns to 105.50: *RES 4:...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Focus returns to 105.50:
*RES 4: 107.83/94 21-dma/Low Jul 24
*RES 3: 107.42 50% retracement of Aug fall
*RES 2: 107.21 Low Jul 18
*RES 1: 107.09 High Aug 06
*PRICE: 105.80 @ 15:08 GMT Aug 07
*SUP 1: 105.52 Low Aug 06
*SUP 2: 105.00 Psychological support
*SUP 3: 104.87 YTD low
*SUP 4: 104.56 Low Mar 26 2018
The corrective pullback off yesterday's high trades back under the 106.00 level.
Technical indicators remain bearish, returning the focus to 105.50. Below here
opens the psychological 105.00 level, ahead of the flash crash ytd low at
104.87. Bulls look to clear recent highs at 107.09, before challenging the 50%
retracement of the Aug fall & broken trendline support-turned-resistance drawn
off the Apr 24 high at 107.42/58.

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