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Above Y128.64 to Ease Bearish........>

EURO-YEN TECHS
EURO-YEN TECHS: Above Y128.64 to Ease Bearish Pressure
*RES 4: Y129.65 Hourly support June 13 now resistance
*RES 3: Y129.26 Alternating hourly support/resistance
*RES 2: Y128.64 Hourly resistance June 14
*RES 1: Y128.00 Hourly support June 19 now resistance
*PRICE: Y127.53 @ 2130GMT
*SUP 1: Y126.63 Low June 19 
*SUP 2: Y126.22 Hourly support May 30 
*SUP 3: Y124.61 2018 Low May 29 
*SUP 4: Y123.63 Low June 21 2017
*COMMENTARY: Despite an aggressive sell-off follow through has been lacking.
Bears focus on the Y126.22 support with a close below  to add weight to the case
for a test of 2018 lows and a potential move back to the bull channel base
(Y122.89). Bulls continue to look for a close above Y128.64 to gain breathing
room and above 129.65 to pressure the 55-DMA once again. The Bollinger base is
noted at Y126.06 and is expected to limit follow through on a break below.

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