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Overall Focus Remains On...........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Overall Focus Remains On Y98.95-101.16
*RES 4: Y108.03 Low Feb 9 now resistance 
*RES 3: Y107.76 21-DMA 
*RES 2: Y107.68 High Feb 27 
*RES 1: Y106.93 Hourly support Feb 28 now resistance
*PRICE: Y106.78 @ 0530GMT
*SUP 1: Y106.36 Low Feb 26 
*SUP 2: Y106.10 Low Feb 19 
*SUP 3: Y105.50 Monthly High Oct 2016 now support 
*SUP 4: Y101.15 Monthly Low Nov 9 2016
*COMMENTARY: Continued hesitation ahead of the key Y108.03-42 resistance region
has left the pair looking heavy. Bears continue to look for a close below
Y106.36 to add weight to the case for a retest of 2018 lows. A close below
Y105.50 remains needed to reconfirm focus on Y98.95-101.16. Resistance layers
are accumulating and weighing. Bulls need a close above Y108.42 to hint at a
correction to Y110.47 and above Y109.78 to confirm.

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