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Y108.54 & Y109.54 Levels Key.......>

DOLLAR-YEN TECHS: Y108.54 & Y109.54 Levels Key Today
*RES 4: Y110.89 Daily Bull channel top 
*RES 3: Y110.47 55-WMA 
*RES 2: Y110.20 200-DMA 
*RES 1: Y109.54 Alternating daily support/resistance
*PRICE: Y108.95 @ 0430GMT
*SUP 1: Y108.92 Low May 3 
*SUP 2: Y108.71 100-DMA 
*SUP 3: Y108.54 Hourly support Apr 23 
*SUP 4: Y108.27 Hourly resistance Apr 23 now support
*COMMENTARY: Hesitation ahead of the 200-DMA combined with daily studies
correcting from O/B is a concern for bulls and currently weighs. Bears now look
for a close below Y108.54 to shift initial focus back to Y107.85 whereas below
Y106.57 is needed to see bears targeting 2018 lows. Bulls now need a close above
Y109.54 to gain breathing room and above the 55-WMA to initially target

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