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100-DMA Capping, Bears Need Close....>

EURO-YEN TECHS: 100-DMA Capping, Bears Need Close Below 21-DMA
*RES 4: Y134.16 High Feb 9
*RES 3: Y133.14 Bollinger band top
*RES 2: Y133.03 100-DMA
*RES 1: Y132.43 Hourly resistance Apr 23
*PRICE: Y132.27 @ 0240GMT
*SUP 1: Y132.02 Low Apr 20 
*SUP 2: Y131.78 Low Apr 12 
*SUP 3: Y131.68 21-DMA 
*SUP 4: Y131.05 Low Apr 5
*COMMENTARY: Despite repeatedly pressuring the 100-DMA & 21-WMA (Y132.93) last
week bears failed to manage the close above needed to shift initial focus to
Y134.16 and overall focus to 2018 highs. Correcting O/B daily studies remain a
concern for bulls and add weight to the bearish case. Bears now look for a close
below the 21-DMA to hint at a move to Y128.94-130.13 where 2018 lows, 55
(Y130.13) & 200 (Y129.30) WMAs are noted with below Y131.05 to confirm.

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