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100-DMA Remains Key Resistance.......>

EURO-YEN TECHS
EURO-YEN TECHS: 100-DMA Remains Key Resistance
*RES 4: Y134.79 High Feb 8
*RES 3: Y134.16 High Feb 9
*RES 2: Y133.06 100-DMA
*RES 1: Y132.61 High Apr 10
*PRICE: Y132.17 @ 0430GMT
*SUP 1: Y131.99 High Apr 9 now support 
*SUP 2: Y130.82 Hourly support Apr 4 
*SUP 3: Y129.97 High Mar 23 now support 
*SUP 4: Y129.61 55-WMA
*COMMENTARY: Bulls have so far failed to capitalise on the close above 55 &
200-DMAs despite immediate focus on the 21-WMA and 100-DMA. Bulls still need a
close above these MAs to end bearish hopes and shift overall focus back to 2018
highs. The Bollinger top (Y132.47) is the key concern for bulls. Bears now look
for a close below Y131.99 to ease bullish pressure and below Y130.82 to confirm
a break of the 21-DMA (Y130.96) and shift initial focus back to Y128.94-129.96.

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