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###POV LT Bulls Needing Y111.00....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: ###POV LT Bulls Needing Y111.00 To Support
*RES 2: Y115.62 - High Jan 19
*RES 1: Y114.49 - Monthly High July 11
*PRICE: Y112.59 @ 0110GMT
*SUP 1: Y111.00 - 55-WMA, Low Sept 20
*SUP 2: Y107.29 - 2017 Low Sept 8
###POV: Bears failed to capitalise on fresh 2017 lows on Sept 8 with the
recovery and consolidation above the 55-WMA seeing LT bulls initially focused on
Y114.50-115.62 and overall bullish focus on Y118.61 2017 highs (Jan 3).
- The Y111.00 support/55-WMA is seen as pivotal with bears looking for a close
below to shift initial focus back to 2017 lows. 
- LT bears now look for a close below Y107.29 to initially pressure the LT
rising TL off 2012 lows coming in around Y105.82. A close below this TL is
needed to confirm focus on tests of 2026 lows.
- Please click for chart: https://tinyurl.com/y8awcql2

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