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Bulls Need Close Above Y130.34 *.....>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Need Close Above Y130.34
* Pressure returning to layers of resistance has taken its toll with the pair
breaking above the 100-DMA (Y130.27) and Y130.34 resistance. 
* Bulls still need a close above Y130.34 to confirm traction and initial focus
on Y131.37-94 where the 55-WMA and 200-DMA are located. 
* Daily studies at O/B levels are the key concern for bulls. 
* Bears now look for a close below Y129.83 to gain breathing room and below the
55-DMA to shift immediate pressure back to Y128.40.

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