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Hesitating Around 21-DMA,..........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Hesitating Around 21-DMA, Y110.12 Support Key
*RES 4: Y112.51 200-DMA 
*RES 3: Y111.71 High July 27 
*RES 2: Y111.34 55-DMA 
*RES 1: Y110.85 High Aug 15
*PRICE: Y110.60 @ 2030GMT
*SUP 1: Y110.28 Hourly support Aug 15 
*SUP 2: Y110.12 Hourly support Aug 15a 
*SUP 3: Y109.80 High Aug 14 now support 
*SUP 4: Y109.27 Hourly resistance Aug 14 now support
*COMMENTARY: O/S studies appear to be impacting with the recovery from a lack of
follow through Friday seeing the pair flirt with the 21-DMA (Y110.71). The
55-DMA remains key resistance with bulls needing a close above to hint at a
shift higher in focus and above the 200-DMA to target Y114.50-115.50. Bears look
for a close below Y110.12 to ease bullish pressure and below Y109.40 to target
Y108.10-69 where 2017 lows are situated.

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