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Bulls Initially Need Close Above.....>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Initially Need Close Above Y133.11
*RES 4: Y135.84 Low Oct 21 2015 now resistance
*RES 3: Y134.50 2017 High Oct 25
*RES 2: Y133.88 High Dec 11
*RES 1: Y133.11 Hourly support Dec 14 now resistance
*PRICE: Y132.75 @ 0530GMT
*SUP 1: Y132.38 Hourly support Dec 18 
*SUP 2: Y132.03 Low Dec 15 
*SUP 3: Y131.88 100-DMA 
*SUP 4: Y131.71 Low Nov 28
*COMMENTARY: The previously noted Y133.88 resistance confirmed significance with
the pair capped ahead last week and pressure returning to layers of support
Y130.59-131.86 where 100-DMA and 21-WMAs are noted. Bears still need a close
below Y131.71 to hint at a move back to the 200-DMA (Y127.79) with below Y130.59
confirming. Layers of resistance remain with bulls still needing a close above
Y133.11 to ease pressure on key supports and initially pressure Y133.88.

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