Downside Follow Through Remains......>

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: Y132.48 @ 0530GMT

*SUP 1: Y131.59 2018 Low Feb 14 

*SUP 2: Y131.15 Monthly Low Nov 20 

*SUP 3: Y130.98 200-DMA 

*SUP 4: Y130.59 Low Sept 15

*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. While Y133.78 caps bears remain

focused on the close below Y131.15 to hint at a move back to Y125.80-127.54 with

below Y130.59 to confirm.