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

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Retain Focus on 2017 High
*RES 4: Y136.40 High Oct 21 2015
*RES 3: Y135.84 Low Oct 21 2015 now resistance
*RES 2: Y134.50 2017 High Oct 25
*RES 1: Y134.05 Hourly support Dec 1a now resistance
*PRICE: Y133.77 @ 2000GMT
*SUP 1: Y133.52 Hourly support Dec 11 
*SUP 2: Y133.34 Hourly support Dec 8 
*SUP 3: Y132.98 Hourly resistance Dec 7 now support 
*SUP 4: Y132.58 Hourly support Dec 7
*COMMENTARY: Bears failed to capitalise on a close below 21 & 55 (Y132.68-80)
DMAs with the pair bouncing from ahead of the bull channel base (Y132.02) &
100-DMA (Y131.74). Bears now need a close below Y133.34 to ease bullish pressure
and below Y132.98 to shift initial focus back to Y131.71-132.24 where the
100-DMA and bull channel base are situated. While Y133.34 supports immediate
focus remains on 2017 highs.

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