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Unable As Yet To Reach The 61.8%...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Unable As Yet To Reach The 61.8% Fibo Level At Y114.33
*RES 4: Y115.32 2% volatility band
*RES 3: Y114.66 1.618 swing of Y113.51-Y111.65
*RES 2: Y114.33 61.8% Fibo of Y118.67-Y107.32
*RES 1: Y114.25 Oct 25 high
*PRICE: Y113.76 @1605GMT
*SUP 1: Y113.35/40 Hourly support
*SUP 2: Y113.15/24 Oct 19 high, Oct 23 low
*SUP 3: Y112.95 Hourly basing area Oct 18-19
*SUP 4: Y112.55/60 Hourly congestion area Oct 19
*COMMENTARY* Broke briefly above last Friday's Y114.10 high and the upper 1%
volatility band at the same level, on Wednesday. However, we still remain
without a test to the next upside obstacle, the 61.8% Fibo retrace level at
Y114.33. This then the key to a higher Y114.66 and perhaps Y115.32 rise. In the
meantime, Y113.40-Y113.35 now provides support to the key Y113.24-Y113.15 area.
Loss here would concern now.

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