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Y110.18 Resistance Key *RES 4:.....>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Y110.18 Resistance Key
*RES 4: Y111.76 200-DMA 
*RES 3: Y111.23 High Jan 22 
*RES 2: Y110.55 Hourly resistance Jan 23 
*RES 1: Y110.18 Low Jan 18 now resistance
*PRICE: Y109.58 @ 2000GMT
*SUP 1: Y109.14 Hourly resistance Jan 25 now support 
*SUP 2: Y108.12 Low Sept 11 
*SUP 3: Y107.58 Weekly Triangle base 
*SUP 4: Y107.31 2017 Low Sept 8
*COMMENTARY: The aggressive move lower from last week's highs saw the pair
closing below the daily bear channel base and Y109.52 support with immediate
focus now on Y107.31-58 where 2017 lows and the weekly triangle base are
located. O/S daily studies and Bollinger base (Y108.98) remain concerns. Bulls
now need a close above Y110.18 to target a correction back to Y111.22-98 where
key DMAs are noted. Bears need a close below Y109.14 to gain breathing room.

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