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Unchanged, still bullish: *RES.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Unchanged, still bullish:
*RES 4: 109.62 High May 31
*RES 3: 109.32 High Aug 1and key resistance
*RES 2: 109.00 Round number resistance
*RES 1: 108.37 High Sep 17
*PRICE: 108.21 @ 04:41 GMT Sep 18
*SUP 1: 107.46 Low Sep 16 and key intraday support
*SUP 2: 107.23 High Sep 5
*SUP 3: 106.98 High Aug 13 and former breakout level
*SUP 4: 106.62 Low Sep 6
USDJPY maintains its bullish tone pushing to new trend highs yesterday. The pair
has cleared the 61.8% retracement of Aug 1 - Aug 26 decline, at 107.46 and
continues to probe the 76.4% level at 108.17. The focus is on 109.00 and 109.32,
the latter being the Aug high and the next significant resistance. Momentum
studies are positive, reinforcing the present bullish condition. 108.37 is
today's bull trigger. Key support sits at 107.46, Tuesday's low.

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