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Correcting Recent Y133.05-Y136.31....>

EURO-YEN TECHS
EURO-YEN TECHS: Correcting Recent Y133.05-Y136.31 Gains 
*RES 4: Y136.64 Jan 5 high
*RES 3: Y136.31 Jan 18 high
*RES 2: Y135.90 Hourly congestion Jan 26
*RES 1: Y135.40/50 Hourly resistance
*PRICE: Y134.96 @1057GMT
*SUP 1: Y134.70/75 Hourly support
*SUP 2: Y134.54 Jan 26 low
*SUP 3: Y134.20/30 1% vol band, 61.8% Fibo of Y133.05-Y136.31
*SUP 4: Y133.82 76.4% Fibo of Y133.05-Y136.31
*COMMENTARY* Has slipped below the recent range base at Y134.92, thereby
allowing some further correction of the most recent Y133.05-Y136.31 rise. In
this respect, a deeper Y134.30-Y133.82 fall cannot be ruled out. Meanwhile,
earlier support is noted from Y134.70-Y134.54. Rallies will require a move back
through Y135.40-Y135.50 initially but more importantly Y135.90 before upside
focus is regained.

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