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Bears Need Close Below Y135.95.......>

EURO-YEN TECHS: Bears Need Close Below Y135.95
*RES 4: Y139.62 Daily Bull channel top
*RES 3: Y139.02 Monthly High Aug 21 2015
*RES 2: Y137.58 High Aug 26 2015
*RES 1: Y137.23 Bollinger band top
*PRICE: Y136.88 @ 0230GMT
*SUP 1: Y136.64 Hourly support Feb 2 
*SUP 2: Y135.95 Hourly support Feb 1 
*SUP 3: Y135.43 21-DMA 
*SUP 4: Y135.10 Hourly support Jan 31a
*COMMENTARY: The Y133.53-134.15 support confirmed significance Tuesday. The
recovery resulted in fresh 2018 & 2+yr highs and confirmed overall bullish focus
on Y139.02-141.05 where monthly highs are located. Support layers accumulating
add to bullish confidence. Bears now need a close below Y135.95 to ease
immediate bullish pressure and below the 21-DMA to return focus to
Y133.61-134.32 where 55 & 100-DMAs and bull channel base are found.

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