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Bulls Need Close Above Y132.44.......>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Need Close Above Y132.44
*RES 4: Y132.95 Hourly resistance Oct 13
*RES 3: Y132.72 Hourly support Oct 13
*RES 2: Y132.44 Hourly support Oct 13 now resistance
*RES 1: Y132.12 Hourly support Oct 16 now resistance
*PRICE: Y131.79 @ 0930GMT
*SUP 1: Y131.47 Bollinger band base 
*SUP 2: Y131.15 55-DMA 
*SUP 3: Y130.84 Daily Bear channel base 
*SUP 4: Y130.59 Low Sept 15
*COMMENTARY: Y133.49 confirmed significance having capped Thursday with the
sell-off seeing bears look for a close below Y131.74 to confirm immediate focus
on Y130.59-131.15 where the bear channel base and 55-DMA are noted. A close
below Y130.59 remains needed to shift focus to the 100-DMA (Y129.26). Layers of
resistance are accumulating with bulls needing a close above Y132.44 to gain
breathing room and above Y133.49 to shift focus to Y134.25-59.

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