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Initial Focus Returns to...........>

DOLLAR-YEN TECHS: Initial Focus Returns to Y113.75-114.07
*RES 4: Y114.61 LT TL off 2015 High 
*RES 3: Y114.07 High Nov 9 
*RES 2: Y113.74 High Dec 12 
*RES 1: Y113.30 Hourly resistance Dec 13a
*PRICE: Y112.99 @ 2000GMT
*SUP 1: Y112.85 55-DMA 
*SUP 2: Y112.33 21-DMA 
*SUP 3: Y111.98 Low Dec 6 
*SUP 4: Y111.60 200-DMA
*COMMENTARY: Follow through has been lacking on dips with the likely close above
the 55-DMA seeing bulls regain the upper hand and initial focus on
Y113.75-114.07. Bulls look for a close above Y114.72 to target Y115.62 and then
Y118.60 2017 highs. Bears need a close below the 55-DMA to ease bullish pressure
and return focus to Y110.83-111.98 where monthly lows, 100 & 200-DMAs are noted.
Bears look for a close below Y110.83 to target 2017 lows (Y107.31).

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