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Downside Follow Through Remains......>

EURO-YEN TECHS
EURO-YEN TECHS: Downside Follow Through Remains Lacking
*RES 4: Y134.48 55-DMA
*RES 3: Y134.16 High Feb 9
*RES 2: Y133.78 High Feb 13
*RES 1: Y133.43 Hourly support Feb 13 now resistance
*PRICE: Y133.20 @ 2030GMT
*SUP 1: Y132.43 Hourly resistance Feb 14 now support 
*SUP 2: Y131.59 2018 Low Feb 14 
*SUP 3: Y131.15 Monthly Low Nov 20 
*SUP 4: Y130.92 200-DMA
*COMMENTARY: 2018/3mth lows lack follow through which is a concern when combined
with daily studies at O/S and the Bollinger base (Y132.63). Layers of resistance
remain with bulls now needing a close above the 55-DMA to hint at a shift higher
in focus and above Y135.95 to initially target 2018 highs (Y137.50). Bears now
need a close below Y132.43 to gain breathing room. Overall a close below Y131.15
hints at a move back to Y125.80-127.54 with below Y130.59 to confirm.

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