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Rally Looks Toward.................>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Rally Looks Toward Y114.33-Y114.66 Next
*RES 4: Y114.95 2% volatility band
*RES 3: Y114.66 1.618 swing of Y113.51-Y111.65
*RES 2: Y114.33 61.8% Fibo of Y118.67-Y107.32
*RES 1: Y114.10 Oct 20 high
*PRICE: Y113.74 @1542GMT
*SUP 1: Y113.50/60 Hourly support
*SUP 2: Y113.15 Oct 19 high, now support
*SUP 3: Y112.88 Hourly basing area Oct 18
*SUP 4: Y112.55/60 Hourly congestion area Oct 19
*COMMENTARY* Found the strength to push through the upper 1% volatility band on
Friday, at Y113.82 by time today but so far remains without a test to the next
upside obstacle, the 61.8% Fibo retrace level at Y114.33. In the meantime, the
Y113.60-Y113.50 area provides immediate support and the protection against a
deeper Y113.15 pullback, as we correct recent gains from Thursday's Y112.29 low.
Directly through Y114.33 and look to the swing target at Y114.66 next.

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