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

EURO-YEN TECHS
EURO-YEN TECHS: Above Y136.62 Targets Y139.02-141.05
*RES 4: Y139.02 Monthly High Aug 2015
*RES 3: Y136.71 Bollinger band top
*RES 2: Y136.62 2018 High Jan 5
*RES 1: Y136.32 High Jan 8
*PRICE: Y135.75 @ 0530GMT
*SUP 1: Y135.37 Hourly support Jan 31 
*SUP 2: Y135.10 Hourly support Jan 31a 
*SUP 3: Y134.64 Hourly support Jan 30 
*SUP 4: Y134.13 55-DMA
*COMMENTARY: The Y133.52-134.13 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 target Y139.02-141.05 monthly highs. Bears need a close
below Y135.10 to ease pressure on resistance and below the 100-DMA to target
Y130.41-132.03 where the 200-DMA (Y130.41) is noted.

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