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Friday's 'Doji' Candle Close.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Friday's 'Doji' Candle Close Survives Another Test On Monday
*RES 4: Y110.93/95 38.2% of Y114.50-Y108.73, Aug 16 high
*RES 3: Y110.38 Aug 17 high
*RES 2: Y110.05 Hourly recovery high Aug 17
*RES 1: Y109.61/67 Aug 18 high, hourly resistance
*PRICE: Y109.41 @1700GMT
*SUP 1: Y108.85/95 Hourly support
*SUP 2: Y108.50/60 1% volatility band, Aug 18 low
*SUP 3: Y108.13 Apr 17 low
*SUP 4: Y107.36/40 1.618 swing Y108.73-Y110.95, 2% vol band
*COMMENTARY* A fall to Y108.60 low last Friday but the subsequent recovery
formed a 'Doji' candle close on the daily chart. This survived another assault
on Monday, a low of Y108.64 before seeing another bounce and the chance for a
better recovery. This will need to break Y109.61-67 initially with the
Y110.05-Y110.38 area then of more consequence higher. Lose Y108.50-60 and
outlook changes, with the year's  Y108.13 low as protection to Y107.40-Y107.36.

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