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CHINA PRESS

China GDP May Grow 8.7% In 2021: Daily

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China Repo Rates Rises Thursday

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AUSTRALIA DATA

Australia Jan Exports +6.0%; Surplus +AUD10.14 Bn

O/S Daily Studies Remain Key.......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: O/S Daily Studies Remain Key Concern
*RES 4: Y110.82 21-DMA 
*RES 3: Y110.55 Hourly resistance Jan 23 
*RES 2: Y110.18 Low Jan 18 now resistance 
*RES 1: Y109.76 High Jan 26
*PRICE: Y109.25 @ 2000GMT
*SUP 1: Y108.40 Low Jan 30 
*SUP 2: Y108.27 Low Jan 26 
*SUP 3: Y108.12 Low Sept 11 
*SUP 4: Y107.58 Weekly Triangle base
*COMMENTARY: Bulls take comfort in hesitation ahead of recent 2018 lows with
follow through lacking as support emerges on dips. Bears now need a close below
Y108.12 to reconfirm initial focus on Y107.31-58 where 2017 lows and the weekly
triangle base are located. Bulls still need a close above Y110.18 to ease
bearish pressure and target a correction back to Y110.82-111.98 where key DMAs
are noted.