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

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: Y127.36 @ 0430GMT

*SUP 1: Y127.18 Hourly support June 20 

*SUP 2: Y126.63 Low June 19 

*SUP 3: Y126.22 Hourly support May 30 

*SUP 4: Y124.61 2018 Low May 29

*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.