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Pushing higher: *RES 4: 109.32.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Pushing higher:
*RES 4: 109.32 High Aug 1
*RES 3: 108.17 76.4% retracement of Aug 1 - Aug 26 decline
*RES 2: 107.57 High Aug 2
*RES 1: 107.50 Intraday high
*PRICE: 107.37 @ 16:13 GMT Sep 10
*SUP 1: 106.62 Low Sep 9
*SUP 2: 106.33 Low Sep 5
*SUP 3: 105.74 Low Sep 3 and key support
*SUP 4: 104.46 Low Aug 26 and YTD low
USDJPY continues to push higher, extending gains above former resistance at
106.98, Aug 13 high. The break of this level last week was significant in that
it confirmed bullish divergence between price and momentum highlighting a
reversal. The pair has breached the 107.18-49 resistance marked by a Fibonacci
retracement, the 50-dma and the Sep 5 high, cementing the upward momentum. The
focus now is on 108.00 plus levels. Support is at 106.33.

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