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Focus Shifts to 200-DMA *RES 4:....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Focus Shifts to 200-DMA
*RES 4: Y112.42 High July 20 
*RES 3: Y112.23 200-DMA 
*RES 2: Y112.19 High July 26 
*RES 1: Y111.71 High July 27
*PRICE: Y111.53 @ 0430GMT
*SUP 1: Y111.33 Hourly support Sept 18 
*SUP 2: Y110.99 Hourly support Sept 18 a 
*SUP 3: Y110.62 Hourly support Sept 15 
*SUP 4: Y110.29 Hourly resistance Sept 15 now support
*COMMENTARY: The NY close above the Y111.33 level adds support to the bullish
case and sees focus now on the 200-DMA. Bulls now look for a close above the
200-DMA to shift initial focus to July highs (Y114.49) and overall focus to 2017
highs (Y118.61). Initial support is noted at Y111.33 but bears look for a close
below Y110.99 to ease bullish pressure and below Y110.62 to shift initial focus
back to Y109.55. The Bollinger top (Y111.55) is the key concern for bulls.

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