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Below 21-DMA Shifts Focus to.........>

EURO-YEN TECHS
EURO-YEN TECHS: Below 21-DMA Shifts Focus to Y131.52-65
*RES 4: Y134.59 Monthly High Dec 4 2015
*RES 3: Y134.41 2017 High Sept 22
*RES 2: Y134.25 High Sept 25
*RES 1: Y134.11 High Oct 23
*PRICE: Y133.94 @ 0430GMT
*SUP 1: Y133.75 Hourly support Oct 25 
*SUP 2: Y133.50 Hourly support Oct 24 
*SUP 3: Y133.03 Low Oct 23 
*SUP 4: Y132.91 Hourly support Oct 19
*COMMENTARY: Hesitation ahead of the key Y134.25-59 resistance region is less
than ideal for bulls who look for a close above Y134.59 to potentially target
Y139.02-141.05. Bulls take comfort in bounce from ahead of the 21-DMA Tuesday
that has returned immediate pressure to key resistance levels. Bears now look
for a close below Y133.50 to gain breathing room and below the 21-DMA now to
hint at a deeper sell-off targeting Y131.52-65 where the 55-DMA is situated.

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