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Falling Back Within The Well Worn....>

EURO-YEN TECHS
EURO-YEN TECHS: Falling Back Within The Well Worn Range
*RES 4: Y134.05 Dec 4 high
*RES 3: Y133.75 Dec 5 high
*RES 2: Y133.50 Hourly high Dec 5
*RES 1: Y133.22/27 Hourly highs Dec 5, Dec 4 low
*PRICE: Y132.59 @0955GMT
*SUP 1: Y132.35/39 Hourly support, initial rally high Nov 29
*SUP 2: Y131.97/99 76.4% of Y131.23-Y134.48, Nov 29 low
*SUP 3: Y131.60 1% volatility band
*SUP 4: Y131.23 Nov 23 low
*COMMENTARY* After reaching a high of Y134.38 last Friday, just shy of
Y134.41-Y134.50 resistance, has once again slipped back within the recent range,
above Y131.23-Y130.99 support. With today's latest slide below Y132.92, this
sees Y132.39-Y132.35 as protecting against a deeper Y131.99-Y131.97 fall, before
the lower 1% volatility band catches the eye at Y131.60. Consequently resistance
also falls, Y133.22-Y132.27, with Y133.50-Y133.75 higher. 

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