One Way Traffic *RES 4: 112.40.....>

DOLLAR-YEN TECHS: One Way Traffic

*RES 4: 112.40 High Apr 24, 2019

*RES 3: 112.16 76.4% 2018 - 2019 Decline

*RES 2: 111.69 High May 3, 2019

*RES 1: 111.32 High Feb 19

*PRICE: 111.38 @ 05:17 GMT Feb 20

*SUP 1: 109.53 Low Feb 7 and key intraday support

*SUP 2: 109.30 Low Feb 5

*SUP 3: 108.55 Low Jan 4

*SUP 4: 108.31 Low Jan 31

The pair tore through any and all near-term resistance Wednesday, making light

work of the bull trigger at 110.29. The somewhat disorderly rally shows no signs

of stalling and shifts bullish targets considerably higher. Markets need to

secure a close above 110.69 in order to switch focus to 111.69 and 112.16. To

slow the incline from here, bears need to temper markets back below 111

initially before 50-dma support comes into view at 109.45.