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Struggling With Key Resistance.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Struggling With Key Resistance Region
*RES 4: Y111.33 High July 28 
*RES 3: Y111.13 100-DMA 
*RES 2: Y111.04 High Sept 14 
*RES 1: Y110.80 Hourly resistance Sept 14
*PRICE: Y110.36 @ 0430GMT
*SUP 1: Y109.89 Hourly support Sept 15 
*SUP 2: Y109.55 Hourly support Sept 15a 
*SUP 3: Y109.23 Low Sept 12 
*SUP 4: Y108.97 Hourly resistance Sept 7a now support
*COMMENTARY: The pair is struggling a little with topside follow through lacking
Thursday and the pair rejected ahead of the 100-DMA and key Y111.33 resistance.
Bulls continue to look for a close above Y111.33 to shift initial focus to the
200-DMA (Y112.26). Key support is now noted at Y109.55 with bears needing a
close below to confirm a return in focus to tests of 2017 lows. The Bollinger
top remains the key concern and currently limits follow through.

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