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Y108.54-97 Support Region Key......>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Y108.54-97 Support Region Key Today
*RES 4: Y110.46 Daily Bull channel top 
*RES 3: Y110.23 200-DMA 
*RES 2: Y109.79 High Feb 8 
*RES 1: Y109.48 100-WMA
*PRICE: Y109.37 @ 0430GMT
*SUP 1: Y108.97 Hourly support Apr 25 
*SUP 2: Y108.54 Hourly support Apr 23 
*SUP 3: Y108.27 Hourly resistance Apr 23 now support 
*SUP 4: Y107.85 High Apr 20 now support
*COMMENTARY: Hesitation around WMAs & DMAs Y109.48-110.47 is a concern for bulls
with the lack of follow through beginning to weigh. Bears continue to look for a
close below Y108.54 to shift focus back to Y106.57-107.85 where the 21 (Y107.77)
& 55 (Y106.88) DMAs are situated. The Bollinger top (Y109.77) remains a key
concern for bulls. In saying that, bulls need a close above the 100-WMA to gain
breathing room this week.

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