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Rally mode: *RES 4: 109.32 High....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Rally mode:
*RES 4: 109.32 High Aug 1
*RES 3: 109.00 Round number resistance
*RES 2: 108.17 76.4% retracement of Aug 1 - Aug 26 decline
*RES 1: 107.96 1.00 projection of Aug 26 - 29 rally from Sep 3 low
*PRICE: 107.79 @ 08:36 GMT Sep 11
*SUP 1: 107.23 High Sep 5
*SUP 2: 106.62 Low Sep 9
*SUP 3: 106.33 Low Sep 5
*SUP 4: 105.74 Low Sep 3 and key support
USDJPY continues to push higher as the pair extends 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. With bullish conditions firmly in place, the focus is
on 108.00 plus levels. An objective further out is at 109.32, the high of Aug 1.
First support is 107.23.

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