Recovery Aims For A Test To........>

DOLLAR-YEN TECHS: Recovery Aims For A Test To Y114.10 Fibo Resistance

*RES 4: Y115.37 1.618 swing of Y114.45-Y112.96

*RES 3: Y114.74 1% volatility band

*RES 2: Y114.45/50 Oct 27, Jul 11 highs

*RES 1: Y114.10 76.4% Fibo of Y114.45-Y112.96

*PRICE: Y113.95 @1000GMT

*SUP 1: Y113.60 Hourly base Oct 31

*SUP 2: Y113.20/30 Hourly support

*SUP 3: Y112.96 Oct 31 low

*SUP 4: Y112.70/72 Initial high Oct 19, 61.8% Fibo retrace

*COMMENTARY* Making the most of support found on Tuesday from Y112.96. The

subsequent recovery has been swift, now heading towards the pivotal 76.4% Fibo

retrace level at Y114.10. This of losses sustained since the Y114.45 high of

last Friday. Through Y114.10 and that Y114.45-Y114.50 region then becomes the

next barrier higher, perhaps to a Y114.74-Y115.37 rise. Meanwhile, Y113.60

provides support against some near term corrective action.