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200-DMA Now Capping *RES 4:..........>

EURO-YEN TECHS
EURO-YEN TECHS: 200-DMA Now Capping
*RES 4: Y133.05 High Feb 21
*RES 3: Y132.44 High Mar 13
*RES 2: Y131.77 200-DMA
*RES 1: Y130.86 Hourly support Mar 20 now resistance
*PRICE: Y130.44 @ 2030GMT
*SUP 1: Y129.85 Bollinger band base 
*SUP 2: Y129.48 200-WMA 
*SUP 3: Y129.33 2018 Low Mar 5 
*SUP 4: Y129.07 55-WMA
*COMMENTARY: The rejection at the 200-DMA and bear channel top off 2018 highs
Tuesday leaves the pair looking heavy with focus back on the Y129.07-48 support
region where 55 & 200-WMAs and the 2018 low are situated. Bears need a close
below the 55-WMA to target Y125.80-127.54. The Bollinger base is the key concern
having limited follow through. Bull snow need a close above the 200-DMA to
target Y132.44-134.16 where 55 & 100-DMAs are situated.

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