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Key Resistance Caps Friday *RES....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Key Resistance Caps Friday
*RES 4: Y112.42 High July 20 
*RES 3: Y112.25 200-DMA 
*RES 2: Y112.19 High July 26 
*RES 1: Y111.33 High July 28, High Sept 15
*PRICE: Y111.19 @ 0205GMT
*SUP 1: Y110.99 Hourly support Sept 18 
*SUP 2: Y110.62 Hourly support Sept 15 
*SUP 3: Y110.29 Hourly resistance Sept 15 now support 
*SUP 4: Y109.89 Hourly support Sept 15
*COMMENTARY: The pair remained capped at/ahead of the key Y111.33 resistance
level last week with bulls continuing to look for a close above Y111.33 to
confirm breaks of 55 (Y110.71) & 100 (Y111.12) DMAs and initially focus on the
200-DMA. The Bollinger top (Y111.18) currently limits follow through and is the
key concern for bulls. Bears now need a close below Y110.62 to gain breathing
room and below Y109.56 to shift focus back to 2017 lows.

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