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Above 100-DMA To End Bearish Hopes...>

EURO-YEN TECHS
EURO-YEN TECHS: Above 100-DMA To End Bearish Hopes
*RES 4: Y132.44 High Mar 13
*RES 3: Y132.27 55-DMA
*RES 2: Y132.13 200-DMA
*RES 1: Y131.61 High Apr 6
*PRICE: Y131.36 @ 0430GMT
*SUP 1: Y130.82 Hourly support Apr 4 
*SUP 2: Y129.97 High Mar 23 now support 
*SUP 3: Y129.59 55-WMA 
*SUP 4: Y128.94 2018 Low Mar 23
*COMMENTARY: The pair currently remains supported around 55 & 200-WMAs and
capped ahead of the 200-DMA with the 100-DMA (Y133.05) key topside. Bulls need a
close above the 100-DMA to end bearish hopes and hint at a move back to 2018
highs with a close above Y134.16 to confirm. Pressure returned to Y129.97 last
week with bears still needing a close below this level to return focus to
Y128.94-129.59 where WMAs and 2018 lows are located.

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