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Finding Support Ahead Of 200-WMA.....>

EURO-YEN TECHS
EURO-YEN TECHS: Finding Support Ahead Of 200-WMA
*RES 4: Y131.70 Hourly support Feb 27 now resistance
*RES 3: Y131.45 Hourly support Feb 28a now resistance
*RES 2: Y131.33 200-DMA
*RES 1: Y130.91 Low Feb 23 now resistance
*PRICE: Y130.30 @ 0530GMT
*SUP 1: Y129.61 200-WMA 
*SUP 2: Y129.34 Monthly Low Sept 6 
*SUP 3: Y128.47 55-WMA 
*SUP 4: Y127.54 Monthly Low Aug 18
*COMMENTARY: Continued fresh 2018 & 6mth lows leave the pair looking heavy with
overall focus shifting to Y125.80-127.54. Immediate focus is on 55 & 200-WMAs
which may support along the way. The Bollinger base is noted at Y129.20 and
remains unchallenged indicating the move isn't getting ahead of itself. Bulls
now need a close above the 200-DMA to gain breathing room and above Y132.24 to
target a correction back to Y133.05-134.17 where key DMAs are situated.

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