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Focus Returns To 2017 High *RES 4:...>

EURO-YEN TECHS
EURO-YEN TECHS: Focus Returns To 2017 High
*RES 4: Y136.40 High Oct 21 2015
*RES 3: Y135.84 Low Oct 21 2015 now resistance
*RES 2: Y134.50 2017 High Oct 25
*RES 1: Y134.27 Bollinger band top
*PRICE: Y133.75 @ 0530GMT
*SUP 1: Y133.60 Hourly support Dec 19 
*SUP 2: Y133.11 Alternating hourly support/resistance 
*SUP 3: Y132.54 Hourly support Dec 18 
*SUP 4: Y132.34 Daily Bull channel base (off Aug low)
*COMMENTARY: The recovery from tests of the daily bull channel base sees the
pair flirting with the Y133.88 resistance level with bulls now focused on
retests of 2017 highs. The Bollinger top is the key concern for bulls with
potential to limit follow through. A close above Y134.50 is now needed to
potentially target Y139.02-141.05. Support layers are accumulating with bears
now needing a close below Y133.11 to ease bullish pressure. 

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