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Downside Follow Through Remains......>

EURO-YEN TECHS
EURO-YEN TECHS: Downside Follow Through Remains Lacking
*RES 4: Y134.49 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: Y132.94 @ 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: Y130.98 200-DMA
*COMMENTARY: Recent 2018/3mth lows lack follow through which is a concern when
combined with daily studies at O/S levels. Bulls now need a close above Y133.78
to ease bearish pressure and above the 21-DMA (Y134.89) to hint at a move back
to 2018 highs with above Y135.95 to confirm. Bears 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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