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Pressure Back On Y112.95 *RES 4:...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Pressure Back On Y112.95
*RES 4: Y114.72 Hourly resistance Nov 6 
*RES 3: Y114.42 Hourly resistance Nov 6a 
*RES 2: Y114.07 High Nov 9 
*RES 1: Y113.69 Hourly resistance Nov 9
*PRICE: Y113.18 @ 2000GMT
*SUP 1: Y112.95 Low Oct 31 
*SUP 2: Y112.74 Hourly resistance Oct 19 now support 
*SUP 3: Y112.30 Low Oct 19 
*SUP 4: Y111.94 55-DMA
*COMMENTARY: Having supported bears take comfort in the likely close below the
21-DMA (Y113.33) that sees pressure on Y112.95. Bears need a close below Y112.95
to confirm a break of the 21-DMA and to shift focus to Y111.46-112.30 where key
DMAs are situated. Bulls now look for a close above Y114.07 to ease bearish
pressure and return focus to Y114.72 above which is needed to reconfirm a
bullish bias and above Y115.62 to shift focus to tests of 2017 highs.

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