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Support Layers Accumulating *RES...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Support Layers Accumulating
*RES 4: Y110.84 55-DMA 
*RES 3: Y110.77 Bollinger band top 
*RES 2: Y110.67 High Aug 31 
*RES 1: Y110.48 High Sept 1
*PRICE: Y110.05 @ 0430GMT
*SUP 1: Y109.58 Hourly resistance Sept 12 now support 
*SUP 2: Y109.23 Low Sept 12 
*SUP 3: Y108.97 Hourly resistance Sept 7a now support 
*SUP 4: Y108.70 Hourly resistance Sept 7 now support
*COMMENTARY: Failure to capitalise on Friday's fresh 2017 and 10tmh lows has
resulted in a correction and close above Y109.93 which confirms a shift in
immediate focus to Y110.67-111.33 where 55 (Y110.80) & 100 (Y111.14) DMAs are
located. Above Y111.33 remains needed to target the 200-DMA (Y112.31). Layers of
support are building with bears now needing a close below Y109.23 to ease
renewed bullish pressure and below Y108.70 to return focus to 2017 lows.

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