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Rally Exceeds Y109.88..............>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Rally Exceeds Y109.88 Resistance, Eyes Volatility Band
*RES 4: Y110.95/05 Aug 16, Aug 4 highs
*RES 3: Y110.67 Aug 31 high
*RES 2: Y110.49 1% volatility band
*RES 1: Y110.00/05 Hourly resistance
*PRICE: Y110.00 @1558GMT
*SUP 1: Y109.45/55 Hourly support
*SUP 2: Y109.24 Hourly base Sep 11
*SUP 3: Y108.62 Initial recovery high Sep 11, now support
*SUP 4: Y108.32 Hourly pullback low Sep 11  
*COMMENTARY* Friday's fall to a new Y107.32 low followed by a decent recovery
and close around the day's Y108.27 open, created a large bullish 'Doji' candle
close on the daily chart. Had already seen gains through Y108.60-Y109.00 and now
today above the 76.4% Fibo retrace level at Y109.88. This sees minor Y110.00-05
resistance, ahead of the 1% volatility band at Y110.49. In the meantime, support
rises accordingly, Y109.45-55 initially and then more importantly Y109.24. 

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