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Y108.03-42 Resistance Region Key...>

DOLLAR-YEN TECHS: Y108.03-42 Resistance Region Key
*RES 4: Y109.03 100-DMA 
*RES 3: Y108.89 21-WMA 
*RES 2: Y108.42 Low Feb 12 now resistance 
*RES 1: Y108.03 Low Feb 9 now resistance
*PRICE: Y107.80 @ 0430GMT
*SUP 1: Y107.48 Hourly support Apr 20 
*SUP 2: Y106.82 55-DMA, 21-DMA 
*SUP 3: Y106.57 Low Apr 9 
*SUP 4: Y105.29 Hourly resistance Mar 23 now support
*COMMENTARY: Support around the 55-DMA provided the base for last week's gains
with initial focus on Y108.03-42. Bulls need a close above this region to end
bearish hopes and shift initial focus to Y109.03-110.47 where key DMAs & WMAs
are situated. Bears look for a close below Y107.48 to gain breathing room with a
close below Y106.57 still needed to confirm breaks of 21 & 55-DMAs and shift
focus back to Y104.46-105.29 where 2018 lows and the TL off 2016 lows are found.

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