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Little changed: *RES 3: 109.32.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Little changed:
*RES 3: 109.32 High Aug 1and key resistance
*RES 2: 109.00 Round number resistance
*RES 1: 108.37 Intraday high
*PRICE: 108.12 @ 15:47 GMT Sep 17
*SUP 1: 107.46 Low Sep 16 and key intraday support
*SUP 2: 107.23 High Sep 5
*SUP 3: 106.98 High Aug 13 and former breakout level
USDJPY maintains its bullish tone pushing to new trend highs overnight before
flatlining across European hours. This does little to change the technical
picture. The pair has cleared the 61.8% retracement of Aug 1 - Aug 26 decline,
at 107.46 and probed the 76.4% level at 108.17. The focus is on 109.00 and
109.32, the latter being the Aug high and the next significant resistance.
Momentum studies are positive, reinforcing the present bullish condition. Key
support sits at 107.46, Tuesday's low.

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