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Extending downtrend: *RES 4:.........>

EURO-YEN TECHS
EURO-YEN TECHS: Extending downtrend:
*RES 4: 120.05 Low Jul 25
*RES 3: 119.88 High Aug 06
*RES 2: 119.59 High Aug 13 and key resistance
*RES 1: 118.98 High Aug 15
*PRICE: 117.43 @ 16:40 GMT Aug 23
*SUP 1: 117.26 Low Aug 23
*SUP 2: 117.00 Psychological support and channel base drawn off the Apr 17 high
*SUP 3: 116.47 Low Apr 21 2017
*SUP 4: 114.85 Low Apr 17 2017
EURJPY has pushed lower through the bottom end of the recent trading range to
extend the downtrend slightly lower. The focus is now on 117.00 ahead of 116.47,
the low of Apr 21, 2017. On the upside, clearance of 119.59, the Aug 13 high is
required to attract bullish interest and open the Aug 6 high of 119.88 and the
psychological 120.00 level, and 120.05.

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