Above 55-DMA To Shift Focus To.......>

EURO-YEN TECHS: Above 55-DMA To Shift Focus To 2018 High

*RES 4: Y134.16 High Feb 9

*RES 3: Y133.78 High Feb 13

*RES 2: Y133.43 Hourly support Feb 13 now resistance

*RES 1: Y132.61 Hourly resistance Feb 16

*PRICE: Y132.34 @ 2030GMT

*SUP 1: Y131.88 Low Feb 19 

*SUP 2: Y131.51 2018 Low Feb 16 

*SUP 3: Y131.15 Monthly Low Nov 20 

*SUP 4: Y131.10 200-DMA

*COMMENTARY: Immediate focus remains on Y130.50-131.51 with a close below

Y130.50 to confirm a break of the 200-DMA and hint at a move to Y125.80-127.54.

O/S daily studies are a concern for bears. Bulls now need a close above Y132.61

to gain breathing room and above Y133.78 to confirm a break of the 100-DMA

(Y133.63) and hint at a shift higher in focus. Above the 55-DMA (Y134.42) is

still needed to target 2018 highs although Y135.82 may slow the move.