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Bulls Still In The Driving Seat......>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Still In The Driving Seat
*RES 4: 124.66 High May 3, 2019
*RES 3: 124.43 HIgh Jun 5 and key resistance
*RES 2: 124.21 2.0% 10-dma envelope
*RES 1: 122.98/123.22 High Jul 20 / 76.4% of the Jun 5 - 22 downleg
*PRICE: 122.69 @ 06:24 BST Jul 21
*SUP 1: 121.82 Low Jul 15 and 16
*SUP 2: 121.47 Low Jul 14
*SUP 3: 120.70 Low Jul 13
*SUP 4: 120.26/27 Low Jul 1/10 and key support
EURJPY traded higher Monday starting the week on a firm note. A bullish theme
remains intact. Last week, the cross traded above resistance at 122.50, Jul 15
and 16 high. The break confirmed a resumption of the current bullish cycle in
place since Jun 22. Attention is on 123.22, 76.4% of the Jun 5 - 22 sell-off.
Support has been defined at 121.82, 15/16 Jul low. Key trend support does not
arrive until 120.27, Jul 10 low.

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