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*Oct24 Dollar-yen open Y113.44, range...>

YEN SUMMARY
YEN SUMMARY: *Oct24 Dollar-yen open Y113.44, range $113.25 to Y113.49
*Dollar-yen opened in Asia towards the lower side of yesterday's Y113.25 to
Y114.10, where after having the upper-hand, the dollar yielded ground late in
the NY session as US equities and rate yields slipped lower
*Initially trading sideways between Y113.36 and Y113.49 in early trade,
Tokyo-fix related supply pushed the dollar lower from around Y113.40 to Y113.25
*Post-fix, the rate moved back to Y112.40 and for the duration of the session
consolidated within a narrow Y112.28 to Y112.37 range
*Below Y113.25 support is located at Y113.16 (38.2% fib Y111.65-Y114.10), with
reported stops under Y113.10, while above Asia's Y113.49 high, hourly resistance
from Oct23 is found at Y113.78.

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