Above Y136.62 Targets................>

EURO-YEN TECHS: Above Y136.62 Targets Y139.02-141.05

*RES 4: Y139.02 Monthly High Aug 2015

*RES 3: Y136.62 2018 High Jan 5

*RES 2: Y136.32 High Jan 8

*RES 1: Y135.24 21-DMA

*PRICE: Y135.42 @ 2030GMT

*SUP 1: Y135.10 Hourly support Jan 31 

*SUP 2: Y134.64 Hourly support Jan 30 

*SUP 3: Y134.08 55-DMA 

*SUP 4: Y134.02 Daily bull channel base (off Aug 18 low)

*COMMENTARY: The Y133.48-134.08 support region where 55 & 100-DMAs and the bull

channel base are located confirmed significance Tuesday. The bounce provided

bulls breathing room and sees focus reconfirmed on Y136.32-62. A close above

Y136.62 is needed to again target Y139.02-141.05 monthly highs. Bears now need a

close below Y135.10 to ease pressure on resistance and below the 100-DMA to

target Y130.34-132.03 where the 200-DMA (Y130.34) is noted.