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Y113.63-Y113.34 Provides Support...>

DOLLAR-YEN TECHS
DOLLAR-YEN TECHS: Y113.63-Y113.34 Provides Support Within The Recent Range
*RES 4: Y115.37 1.618 swing of Y114.45-Y112.96
*RES 3: Y114.95 1% volatility band
*RES 2: Y114.74 Nov 6 high
*RES 1: Y114.35/45 Hourly resistance
*PRICE: Y113.71 @1019GMT
*SUP 1: Y113.54/63 Nov 2, Nov 3 lows
*SUP 2: Y113.34 Oct 26 low
*SUP 3: Y112.96 Oct 31 low
*SUP 4: Y112.67 1% volatility band
*COMMENTARY* Continues to fall after the less than successful break above
Y114.45-50 on Monday. At the moment, the decline is still within the confines of
the recent range, with Y113.63-Y113.34 anticipated to provide some near term
support, ahead of the key Y112.96 level. In the meantime, nearest resistance of
note falls to Y114.35-Y114.45 and will need to climb back above the latter,
before the recent bear bias will be reduced.

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