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

EURO-YEN TECHS: Above 55-DMA To Shift Focus To 2018 High
*RES 4: Y134.40 55-DMA
*RES 3: Y134.18 21-DMA
*RES 2: Y133.78 High Feb 13
*RES 1: Y133.43 Hourly support Feb 13 now resistance
*PRICE: Y132.77 @ 0530GMT
*SUP 1: Y132.51 High Feb 20 now support 
*SUP 2: Y131.88 Low Feb 19 
*SUP 3: Y131.51 2018 Low Feb 16 
*SUP 4: Y131.15 Monthly Low Nov 20
*COMMENTARY: The recovery from ahead of the 200-DMA is gathering momentum with
layers of resistance Y133.78-134.40 seen as key. Bulls continue to look for a
close above the 55-DMA to end bearish hopes and confirm a shift in overall focus
to tests of 2018 highs (Y137.50). Correcting O/S studies are supporting the
bullish case. Bears now need a close below Y132.51 to gain breathing room and
below Y131.88 to reconfirm focus on Y130.50-131.51.

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