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

EURO-YEN TECHS
EURO-YEN TECHS: 100-DMA Resistance Remains Key
*RES 4: Y134.79 High Feb 8
*RES 3: Y134.16 High Feb 9
*RES 2: Y133.34 Bollinger band top
*RES 1: Y133.05 100-DMA
*PRICE: Y132.69 @ 2130GMT
*SUP 1: Y132.09 Low Apr 17 
*SUP 2: Y131.83 55-DMA 
*SUP 3: Y131.78 Low Apr 12 
*SUP 4: Y131.42 21-DMA
*COMMENTARY: Support emerging ahead of the 55-DMA provides bulls comfort with
bears needing a close below Y131.78 to ease bullish pressure and below Y130.82
to confirm a break of the 21-DMA and shift initial focus to Y128.94-129.97.
Topside hesitation continues with bulls looking for a close above the 100-DMA to
end bearish hopes and shift overall focus back to 2018 highs. The Bollinger top
and O/B studies looking to correct remain key concerns for bulls.

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