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*Nov13 Dollar-yen open Y113.48, range...>

YEN SUMMARY
YEN SUMMARY: *Nov13 Dollar-yen open Y113.48, range Y113.43 to Y113.71
*Dollar-yen opened in Asia toward the middle of the Y113.22 to Y113.64 range
witnessed Friday, where continuing concerns over US Corporate Tax Bill placed
the dollar on the defensive.
*Japanese names were the predominant buyers this morning, pushing the dollar
higher from near Y113.50 to Y113.71
*Consolidation then became the theme, the pair holding a narrow Y113.60-70 range
for the balance of the session
*Resistance lies at Y113.70/84 (61.8%/76.4% fib Y114.07-Y113.09 decline), while
Asia's Y113.43 base provides initial support, a break to expose Y113.22 (Nov10
low)
*A speech from BoJ's Kuroda (1745GMT) provides the event risk for the session(s)
ahead.

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