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Bulls Retain Focus on 2017 High......>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Retain Focus on 2017 High
*RES 4: Y135.84 Low Oct 21 2015 now resistance
*RES 3: Y134.50 2017 High Oct 25
*RES 2: Y134.05 Hourly support Dec 1a now resistance
*RES 1: Y133.74 Hourly support Dec 1 now resistance
*PRICE: Y133.35 @ 0220GMT
*SUP 1: Y132.98 Hourly resistance Dec 7 now support 
*SUP 2: Y132.58 Hourly support Dec 7 
*SUP 3: Y132.24 Low Dec 6 
*SUP 4: Y131.91 Daily Bull channel base (Aug 18 low)
*COMMENTARY: Bears failed to capitalise on a close below 21 & 55 (Y132.65-72)
DMAs with the pair bouncing from ahead of the bull channel base and 100-DMA
(Y131.69). Y30.59-131.91 support region is key. The Y132.98 support is key
today. Bears look for a close below this level to ease bullish pressure with
below 132.58 to return pressure to layers of support Y131.69-132.24 where the
bull channel base and 100-DMA (131.69) are located.

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