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

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: 123.03/123.22 Intraday high / 76.4% of the Jun 5 - 22 downleg

*PRICE: 122.71 @ 10:51 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.