Below Y130.50 To Confirm 200-DMA.....>

EURO-YEN TECHS: Below Y130.50 To Confirm 200-DMA Break

*RES 4: Y134.16 High Feb 9

*RES 3: Y133.78 High Feb 13

*RES 2: Y133.43 Hourly support Feb 13 now resistance

*RES 1: Y132.61 Hourly resistance Feb 16

*PRICE: Y132.33 @ 0530GMT

*SUP 1: Y131.51 2018 Low Feb 16 

*SUP 2: Y131.15 Monthly Low Nov 20 

*SUP 3: Y131.10 200-DMA 

*SUP 4: Y130.50 Low Sept 14

*COMMENTARY: Immediate focus remains on the Y130.50-131.51 support region with a

close below Y130.50 to confirm a break of the 200-DMA and hint at a move back to

Y125.80-127.54. O/S daily studies are a concern for bears. Bulls now need a

close above Y132.61 to gain breathing room and above Y133.78 to confirm a break

of the 100-DMA (Y133.63) and hint at a shift higher in focus. Above the 55-DMA

(Y134.42) then targets 2018 highs although Y135.82 may slow the move.