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Focus Shifts To Y125.80-127.54.......>

EURO-YEN TECHS
EURO-YEN TECHS: Focus Shifts To Y125.80-127.54
*RES 4: Y132.24 Hourly support Feb 21 now resistance
*RES 3: Y131.70 Hourly support Feb 27 now resistance
*RES 2: Y131.45 Hourly support Feb 28a now resistance
*RES 1: Y130.57 Hourly support Feb 28 now resistance
*PRICE: Y130.12 @ 2030GMT
*SUP 1: Y129.64 200-WMA 
*SUP 2: Y129.34 Monthly Low Sept 6 
*SUP 3: Y128.50 55-WMA 
*SUP 4: Y127.54 Monthly Low Aug 18
*COMMENTARY: 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. Weekly studies have room to move before O/S is an issue.
Layers of resistance are following the pair lower with bulls now needing a close
above Y131.15 to gain breathing room and above Y132.24 to target a correction
back to Y133.05-134.23 where key DMAs are situated.

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