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Immediate Focus On Y110.31-87......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Immediate Focus On Y110.31-87
*RES 4: Y112.18 Hourly resistance Nov 22 
*RES 3: Y111.87 Low Nov 20 now resistance 
*RES 2: Y111.70 200-DMA 
*RES 1: Y111.48 Low Sept 25 now resistance
*PRICE: Y111.30 @ 0255GMT
*SUP 1: Y110.87 Low Sept 18 
*SUP 2: Y110.31 100-WMA 
*SUP 3: Y109.52 Low Sept 15 
*SUP 4: Y108.47 High Sept 8 now support
*COMMENTARY: Remaining capped at Y112.72 recently left the pair looking heavy
with bears gaining confidence in consolidation below 100 (Y111.64) & 200
(Y111.70) DMAs that sees immediate pressure on Y110.31-87 where the 100-WMA is
located. A close below Y110.87 hints at a move back to Y107.31 with below the
100-WMA confirming. Bulls need a close above the 200-DMA to ease bearish
pressure and above Y112.72 to shift focus to Y113.10-33.

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