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

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Need Close Above Y130.34
*RES 4: Y131.37 High May 14
*RES 3: Y130.34 Highs June 13 & 14
*RES 2: Y130.28 100-DMA
*RES 1: Y129.96 High July 6
*PRICE: Y129.62 @ 2130GMT
*SUP 1: Y129.09 Hourly support July 5 
*SUP 2: Y128.40 Low July 2 
*SUP 3: Y127.95 Hourly resistance June 29 now support 
*SUP 4: Y126.98 Low June 21
*COMMENTARY: Last week saw a pop above the daily bear channel top (Y129.67) but
hesitation ahead of the 100-DMA is a concern. Bulls now need a close above
Y130.34 to confirm breaks of 55 (Y129.41) & 100-DMAs and the bear channel top to
shift immediate focus to Y131.37-132.59 where the 200-DMA (Y131.95) is noted.
Bears now need a close below Y129.09 to gain breathing room and below Y128.40 to
shift immediate focus back to Y126.22.

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