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Correcting O/B Daily Studies *RES....>

EURO-YEN TECHS
EURO-YEN TECHS: Correcting O/B Daily Studies
*RES 4: Y134.79 High Feb 8
*RES 3: Y134.16 High Feb 9
*RES 2: Y133.51 Bollinger band top
*RES 1: Y133.48 High Apr 24
*PRICE: Y133.10 @ 2130GMT
*SUP 1: Y132.59 Low Apr 24 
*SUP 2: Y132.02 Low Apr 20 
*SUP 3: Y131.78 Low Apr 12 
*SUP 4: Y131.63 55-DMA
*COMMENTARY: Pressure on the 100-DMA (Y133.04) & 21-WMA (Y132.97) have finally
taken their toll with a break higher Tuesday. In saying that, follow through has
been lacking courtesy of the Bollinger top with correcting O/B daily studies and
momentum divergence a concern for bulls. Bears now need a close below Y132.59 to
see focus return to Y131.65-132.02 where the 21 (Y131.91) & 55-DMA are found.
Bulls now look for a close above Y134.16 to confirm focus on 2018 highs.

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