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

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Y110.18 Resistance Key
*RES 4: Y110.55 Hourly resistance Jan 23 
*RES 3: Y110.18 Low Jan 18 now resistance 
*RES 2: Y109.76 High Jan 26 
*RES 1: Y109.05 Hourly resistance Jan 26
*PRICE: Y108.77 @ 0530GMT
*SUP 1: Y108.27 Low Jan 26 
*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 Y107.31-64 where 2017 lows and the weekly triangle base are
located. O/S daily studies and Bollinger base (Y108.44) remain concerns. Bulls
need a close above Y110.18 to target a correction back to Y111.14-98 where key
DMAs are noted. Bears need a close below Y108.12 to add weight to their case.

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