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Y109.01 Support Remains Key *RES...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Y109.01 Support Remains Key
*RES 4: Y111.39 High May 21 
*RES 3: Y111.18 High May 22 
*RES 2: Y110.90 High June 15 
*RES 1: Y110.48 High June 27
*PRICE: Y110.23 @ 2130GMT
*SUP 1: Y109.51 55-DMA 
*SUP 2: Y109.01 Hourly support June 1 
*SUP 3: Y108.70 Low June 1 
*SUP 4: Y108.19 100-DMA
*COMMENTARY: The pair remains capped ahead of Y110.90 following the bounces from
around the 55-DMA this week. Bulls need a close above Y110.90 to confirm
traction above the 200-DMA (Y110.19) and shift initial focus to Y111.39-98.
Bears still need a close below Y109.01 to confirm a break of the 55-DMA
(Y109.51) and Bull channel base, initially pressuring Y107.85-108.19 where the
100-DMA is found with below Y107.85 to shift focus back to 2018 lows.

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