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Hesitating Ahead of LT Rising TL...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Hesitating Ahead of LT Rising TL
*RES 4: Y107.29 High Mar 13 
*RES 3: Y106.75 High Mar 14 
*RES 2: Y106.09 Hourly resistance Mar 21 
*RES 1: Y105.29 Hourly resistance Mar 23
*PRICE: Y104.88 @ 0430GMT
*SUP 1: Y104.55 2018 Low Mar 26 
*SUP 2: Y104.26 LT Rising TL off 2016 low 
*SUP 3: Y101.15 Monthly Low Nov 9 2016 
*SUP 4: Y100.07 Monthly Lows Sept 22 & 27 2016
*COMMENTARY: Hesitation ahead of Y106.75-107.29 took its toll resulting in fresh
2018 & 18mth lows and hinting at a move targeting 99.08-101.15 where 2016 lows
are noted. Bears now need a close below the LT rising TL off 2016 lows to
confirm. Bulls now look for a close above Y105.22 to gain breathing room. A
close above Y106.09 is needed to return initial focus to Y106.75-107.29. The
Bollinger base (Y104.96) is the key concern.

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