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Y106.69 Support Key This Week......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Y106.69 Support Key This Week
*RES 4: Y109.51 100-WMA 
*RES 3: Y108.42 Low Feb 12 now resistance 
*RES 2: Y108.03 Low Feb 9 now resistance 
*RES 1: Y107.49 High Apr 5
*PRICE: Y107.03 @ 0430GMT
*SUP 1: Y106.69 Low Apr 5 
*SUP 2: Y105.29 Hourly resistance Mar 23 now support 
*SUP 3: Y104.55 2018 Low Mar 26 
*SUP 4: Y104.35 LT Rising TL off 2016 low
*COMMENTARY: Bulls failed to capitalise on the close above the 55-DMA (Y107.19)
with the sell-off providing bears breathing room. Bears look for a close below
Y106.69 to shift initial focus back to Y105.29. The Y107.49 resistance is key
today. Bulls need a close above to reconfirm focus on Y108.03-42 with a close
above this region to target Y109.29-110.63 where key DMA and WMAs are situated.
Daily studies approaching O/B is the key concern for bulls.

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