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Bears Need Close Below Y130.58 *.....>

EURO-YEN TECHS
EURO-YEN TECHS: Bears Need Close Below Y130.58
* The pair has failed to gain traction above the 55-WMA (Y131.54). 
* Bulls continue to look for a close above the 200-DMA to confirm a break of the
55-WMA and target Y133.48-135.62 where the LT TL off 2014 highs is noted. 
* O/B daily studies looking to correct and the Bollinger top (Y132.42) are key
concerns for bulls. 
* Bears now need a close below Y130.58 to shift initial focus back to Y129.83. 
* Below Y129.83 hints at a move back to Y128.40 with below the 55-DMA (Y129.29)
to confirm.

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