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Supported Ahead Of 21-DMA For......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Supported Ahead Of 21-DMA For Now
*RES 4: Y115.15 Falling LT weekly TL 
*RES 3: Y114.72 Hourly resistance Nov 6 
*RES 2: Y114.42 Hourly resistance Nov 6a 
*RES 1: Y114.00 Hourly resistance Nov 7
*PRICE: Y113.79 @ 2000GMT
*SUP 1: Y113.40 Low Nov 8 
*SUP 2: Y113.29 21-DMA 
*SUP 3: Y112.95 Low Oct 31 
*SUP 4: Y112.74 Hourly resistance Oct 19 now support
*COMMENTARY: The break of the Y113.52 support has so far lacked follow through
having bounced from ahead of the 21-DMA. Bears now look for a close below
Y112.95 to confirm a break of the 21-DMA and to shift focus to Y111.46-112.30
where key DMAs are situated. Layers of resistance remain with bulls needing a
close above Y114.00 to gain breathing room and above Y115.62 to shift focus to
tests of 2017 highs. Daily studies are well placed for a fresh leg lower.

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