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

EURO-YEN TECHS
EURO-YEN TECHS: Above 55-DMA To Shift Focus To 2018 High
*RES 4: Y134.42 55-DMA
*RES 3: Y134.22 21-DMA
*RES 2: Y133.78 High Feb 13
*RES 1: Y133.43 Hourly support Feb 13 now resistance
*PRICE: Y132.63 @ 2030GMT
*SUP 1: Y132.26 Hourly support Feb 21 
*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 Y133.78-134.42 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 Y132.26 to gain breathing room and to
reconfirm focus on Y130.50-131.51 with the 200-DMA noted at Y131.14.

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