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Next Upside Targets Seen Between...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Next Upside Targets Seen Between Y111.76-Y111.78
*RES 4: Y112.42 Jul 20 high
*RES 3: Y112.20 Jul 26 high
*RES 2: Y111.90 2% volatility band
*RES 1: Y111.76/78 61.8% Y114.50-Y107.32, hourly resistance
*PRICE: Y111.38 @0920GMT
*SUP 1: Y110.80/90 Hourly support
*SUP 2: Y110.62 Hourly base Sep 15
*SUP 3: Y110.25 Initial rally high Sep 15, now support
*SUP 4: Y109.90 Sep 13 low
*COMMENTARY* The 'Doji' candle close on Sep 8 continues to power the recovery.
Now heading towards next target strung between the 61.8% Fibo retrace level at
Y111.76 and swing target of the Y111.34-Y110.62 fall, at Y111.78. Any higher and
the 2% volatility band at Y111.90 can inhibit further Y112.20-Y112.81 gains.
Support continues to rise, Y110.90-Y11.80 ahead of that Y110.62 level. Loss here
would caution now.

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