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Bears Need Close Below Y130.42.......>

EURO-YEN TECHS
EURO-YEN TECHS: Bears Need Close Below Y130.42 Today
*RES 4: Y133.05 High Feb 21
*RES 3: Y132.44 High Mar 13
*RES 2: Y131.77 200-DMA
*RES 1: Y131.29 Hourly resistance Mar 15a
*PRICE: Y131.12 @ 0330GMT
*SUP 1: Y130.42 Hourly support Mar 19 
*SUP 2: Y129.92 Bollinger band base 
*SUP 3: Y129.49 200-WMA 
*SUP 4: Y129.33 2018 Low Mar 5
*COMMENTARY: Bulls take comfort in support emerging on dips back towards 2018
lows with the Bollinger band base limiting follow through. Bulls now need a
close above Y131.29 to gain breathing room. Y132.44-134.16 where 55 & 100-DMAs
are situated remain key with bulls needing a close above to target 2018 highs.
Bears now look for a close below Y130.42 to ease renewed bullish pressure and
below the 55-WMA (Y129.08) to target Y125.80-127.54.

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