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Bears Need Close Below Y130.59.......>

EURO-YEN TECHS
EURO-YEN TECHS: Bears Need Close Below Y130.59
*RES 4: Y132.90 Weekly Bollinger band top 
*RES 3: Y132.23 2016 High Jan 29 2016 
*RES 2: Y131.64 High Feb 4 2016 
*RES 1: Y131.40 2017 High Aug 2
*PRICE: Y131.15 @ 0430GMT
*SUP 1: Y130.75 Hourly support Aug 2 
*SUP 2: Y130.59 High July 31 now support 
*SUP 3: Y130.37 Hourly support Aug 1 
*SUP 4: Y129.89 Low Aug 1, 21-DMA
*COMMENTARY: The 21-DMA supported the past 2 weeks and provided the base for a
break of Y130.75 that sees bullish focus shift to Y131.64-132.23. The 200-WMA
comes in around Y130.65 with bulls needing a weekly close above to add support
to their case. The Bollinger top (Y131.24) is the key concern for bulls &
currently limits follow through. Bears now need a close below Y130.59 to ease
bullish pressure and shift focus back to the 21-DMA once again.

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