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Rises Through Congested............>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Rises Through Congested Y108.34-Y108.44 Resistance Zone
*RES 4: Y109.79 Feb 8 high
*RES 3: Y109.51/56 1.618 projn tgt from Y105.66, 2% vol band
*RES 2: Y109.19 50% Fibo of Y113.75-Y104.63
*RES 1: Y108.82 Feb 12 high
*PRICE: Y108.64 @1705GMT
*SUP 1: Y108.10/15 Hourly support
*SUP 2: Y107.86/89 Hourly high and Apr 20 high, now support
*SUP 3: Y107.78 Apr 13 high, now support
*SUP 4: Y107.51 Hourly base Apr 20
*COMMENTARY* Today's fresh rally has now cleared the upper end of the congested
Y108.34-Y108.44 resistance area and now heading towards the Feb 12 high at
Y108.82. Any higher and the next key levels range from the 50% Fibo retrace at
Y109.19 and then dual resistance from the projection target and 2% volatility
band between Y109.51-Y109.56. Support also on the rise, Y108.15-Y108.10, loss
would caution and call for some deeper correction.

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