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Supported Around 200-DMA *RES 4:...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Supported Around 200-DMA
*RES 4: Y114.49 Monthly High July 11 
*RES 3: Y113.70 Low July 11 now resistance 
*RES 2: Y112.85 Low July 13 now resistance 
*RES 1: Y112.39 Hourly support Sept 21 now resistance
*PRICE: Y112.10 @ 0210GMT
*SUP 1: Y111.88 High Sept 19 now support 
*SUP 2: Y111.54 Hourly resistance Sept 20 now support 
*SUP 3: Y111.11 100-DMA 
*SUP 4: Y110.99 Hourly support Sept 18 a
*COMMENTARY: Bulls are struggling to gain traction above the 200-DMA (Y112.15)
with bears looking for a close below Y111.88 to confirm a break and an easing of
bullish pressure and to shift initial focus back to Y110.62-111.11 where the 55
& 100-DMAs are located. The Y112.85 resistance is now key with bulls needing a
close above to confirm overall focus on tests of July monthly highs. O/B studies
and the Bollinger top (Y112.38) remain key concerns for bulls.

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