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Bulls Need Close Above 100-DMA.......>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Need Close Above 100-DMA
*RES 4: Y133.14 100-DMA
*RES 3: Y132.69 55-DMA
*RES 2: Y132.44 High Mar 13
*RES 1: Y132.06 200-DMA
*PRICE: Y131.00 @ 0430GMT
*SUP 1: Y130.56 Low Mar 27 
*SUP 2: Y129.97 High Mar 23 now support 
*SUP 3: Y129.39 200-WMA 
*SUP 4: Y129.38 55-WMA
*COMMENTARY: Despite flirting with key WMAs bears failed to gain traction below
the 55 (Y129.38) & 200 (Y129.39) WMAs with the bounce seeing focus back on the
Y132.06-133.14 region where 55, 100 & 200-DMAs are noted. Bulls need a close
above the 200-DMA to shift focus to Y132.44-133.18. Bears look for a close below
Y129.97 to return pressure to Y128.94-129.39 where WMAs and 2018 lows are
located.

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