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In reverse: *RES 4: 109.62 High....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: In reverse:
*RES 4: 109.62 High May 31
*RES 3: 109.32 High Aug 1and key resistance
*RES 2: 109.00 Round number resistance
*RES 1: 108.48 Sep 18 High
*PRICE: 107.89 @ 04:36 GMT Sep 19
*SUP 1: 107.29 Intraday low
*SUP 2: 107.46 Low Sep 16 and key intraday support
*SUP 3: 107.23 High Sep 5
*SUP 4: 106.98 High Aug 13 and former breakout level
USDJPY has started today's session in reverse with prices under pressure in
Asia. For now, the pullback is being viewed as a correction with the recent
strong bullish recovery intact. The focus remains on 109.00 and 109.32 as the
next objectives. A near-term bull trigger has been defined at 108.48,
yesterday's high. A move above this level would confirm a resumption of the
trend. Key support for today lies at 107.46, Tuesday's low.

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