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Y106.75-107.29 Resistance Region...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Y106.75-107.29 Resistance Region To Watch
*RES 4: Y107.29 High Mar 13 
*RES 3: Y106.75 High Mar 14 
*RES 2: Y106.51 21-DMA 
*RES 1: Y106.40 Hourly resistance Mar 14
*PRICE: Y106.23 @ 0220GMT
*SUP 1: Y105.60 Low Mar 16 
*SUP 2: Y105.22 2018 Low Mar 2 
*SUP 3: Y101.15 Monthly Low Nov 9 2016 
*SUP 4: Y100.07 Monthly Lows Sept 22 & 27 2016
*COMMENTARY: Despite remaining capped ahead of the 21-DMA downside follow
through has been lacking with support emerging ahead of 2018 lows and the
Bollinger band base (Y105.52). In saying that, bulls continue to look for a
close above Y106.75 to ease bearish pressure and above Y107.29 to shift focus to
Y108.03-42. Bears need a close below Y105.22 2018 lows to reconfirm overall
focus on Y99.08-101.15. Daily studies remain largely neutral.

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