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Hesitating Ahead Of Key Resistance...>

EURO-YEN TECHS
EURO-YEN TECHS: Hesitating Ahead Of Key Resistance Region
*RES 4: Y130.02 Daily Bear channel top off 2018 highs
*RES 3: Y129.70 55-DMA
*RES 2: Y129.65 Hourly support June 13 now resistance
*RES 1: Y129.48 Low June 12 now resistance
*PRICE: Y128.69 @ 2130GMT
*SUP 1: Y128.49 Hourly support June 29 
*SUP 2: Y127.95 Hourly resistance June 29 now support 
*SUP 3: Y126.98 Low June 21 
*SUP 4: Y126.63 Low June 19
*COMMENTARY: The rally from the week's low saw pressure return to layers of
resistance Y129.69-130.34 where 55 & 100-DMAs and the bear channel top off 2018
highs are situated. Bulls now need a close above the 100-DMA (Y130.44) to
initially target Y131.37-132.59 where the 200-DMA (Y132.03) is noted. Bears now
need a close below Y128.49 to ease renewed bullish pressure and below Y126.22 to
confirm immediate focus on tests of 2018 lows.

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