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USDCAD TECHS

Trend Needle Still Points North

WHITE HOUSE

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AUDUSD TECHS

Slide Accelerates

LATAM

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EURJPY TECHS

Still Looking For Weakness

USDJPY TECHS

Shows Below 50-Day EMA

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Recovers After Test To 50% Fibo Retrace Level
*RES 4: Y110.93/08 1.618 swing Y11.27-Y109.20, May 18 high
*RES 3: Y110.56/62 1% vol band, 76.4% Fibo of Y111.40-Y108.11
*RES 2: Y110.27 Jun 6 high
*RES 1: Y110.05 Hourly resistance
*PRICE: Y109.98 @0902GMT
*SUP 1: Y109.40/50 Hourly support
*SUP 2: Y109.20 Jun 8 low, 50% of Y108.11-Y110.27
*SUP 3: Y108.94/08 61.8% of Y108.11-Y110.27, May 30 high
*SUP 4: Y108.62 76.4% Fibo of Y108.11-Y110.27
*COMMENTARY* Following last Wednesday's rise to Y110.27, the subsequent pullback
aided by some overbought hourly conditions, came to rest at Y109.20, a 50% Fibo
retrace of the preceding rally from Y108.11. The following recovery is currently
hampered by hourly resistance around Y110.05, needing clearance here, before the
chance of a better Y110.62-Y111.08 rise. Support from above Y109.50-Y109.40
protects the downside from another inquisition.