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Bulls Need Close Above Y132.37.......>

EURO-YEN TECHS: Bulls Need Close Above Y132.37
*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: Y132.37 Hourly support Feb 16 now resistance
*PRICE: Y132.26 @ 2030GMT
*SUP 1: Y131.59 2018 Low Feb 14 
*SUP 2: Y131.15 Monthly Low Nov 20 
*SUP 3: Y131.06 200-DMA 
*SUP 4: Y130.50 Low Sept 14
*COMMENTARY: Immediate focus remains on the Y130.50-131.59 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 still need a
close above Y132.37 to gain breathing room and above Y133.78 to confirm a break
of the 100-DMA (Y133.64) and hint at a shift higher in focus. Above the 21-DMA
(Y134.54) then targets 2018 highs.

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