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21-DMA Capping, 55-DMA Supporting....>

EURO-YEN TECHS
EURO-YEN TECHS: 21-DMA Capping, 55-DMA Supporting
*RES 4: Y136.62 2018 High Jan 5
*RES 3: Y136.32 High Jan 8
*RES 2: Y135.46 Hourly resistance Jan 26
*RES 1: Y135.24 21-DMA
*PRICE: Y135.10 @ 0230GMT
*SUP 1: Y134.64 Hourly support Jan 30 
*SUP 2: Y134.07 55-DMA 
*SUP 3: Y133.96 Daily bull channel base (off Aug 18 low) 
*SUP 4: Y133.43 100-DMA
*COMMENTARY: The Y133.47-134.07 support region where 55 & 100-DMAs and the bull
channel base are located confirmed significance with the pair bouncing from a
test of the 55-DMA. The 21-DMA is now capping with bulls needing a close above
to return immediate focus to 2018 highs. Bears continue to look for a close
below the 100-DMA to target Y130.33-132.03 where the 200-DMA (Y130.33) is noted.

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