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

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Y108.54 & Y109.54 Levels Key This Week
*RES 4: Y111.17 Daily Bull channel top 
*RES 3: Y110.48 55-WMA 
*RES 2: Y110.19 200-DMA 
*RES 1: Y109.54 Alternating daily support/resistance
*PRICE: Y108.98 @ 0230GMT
*SUP 1: Y108.95 Daily Bull channel base off 2018 lows 
*SUP 2: Y108.64 100-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 continue
to look for a close below Y108.54 to break the channel base and shift initial
focus back to Y107.85 whereas below Y106.57 is needed to see bears targeting
2018 lows. Bulls still need a close above Y109.54 to gain breathing room and
above the 55-WMA to initially target Y111.48-98.

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