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Y107.29 Resistance Remains Key.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Y107.29 Resistance Remains Key
*RES 4: Y107.51 Bollinger band top 
*RES 3: Y107.29 High Mar 13 
*RES 2: Y106.75 High Mar 14 
*RES 1: Y106.40 Hourly resistance Mar 14
*PRICE: Y105.87 @ 0530GMT
*SUP 1: Y105.79 Hourly support Mar 7, Low Mar 15 
*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: Bulls take comfort in the Y105.79 level supporting although
accumulating resistance layers remain a concern. Bulls now need a close above
Y106.75 to gain breathing room and above Y107.29 to shift initial focus to
Y108.03-92 where the 55-DMA is located. While Y106.75 caps immediate focus
remains on 2018 lows with a close below to add weight to the case for a test of
Y98.95-101.15. Bolli bands narrowing hints at a break out in the near future.

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