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Pace Of Rally Once Again...........>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Pace Of Rally Once Again Hampered By Upper 1% Volatility Band
*RES 4: Y114.19 2% volatility band
*RES 3: Y113.82/91 76.4% of Y114.74-Y110.84, Nov 14 high
*RES 2: Y113.25/33 61.8% of Y114.74-Y110.84, Nov 16 high
*RES 1: Y113.07/09 1% volatility band, Dec 4 high
*PRICE: Y112.51 @0917GMT
*SUP 1: Y112.30/40 Hourly support
*SUP 2: Y111.81 Hourly base Dec 1
*SUP 3: Y111.38/40 Nov 29, Dec 1 lows
*SUP 4: Y110.84 Nov 27 low
*COMMENTARY* A high of Y112.88 seen earlier on Friday, before collapsing
spectacularly and correcting almost by 76.4% the recovery from last week's
Y110.84 low. Then became oversold on the day and the subsequent recovery through
Y112.55 once again switched focus to the topside. The upper 1% volatility band,
at Y113.07 by time today, is currently hampering any further upside progress.
Support now Y112.40-Y112.30 with Y111.81 below. Loss would caution.

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