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Key Near Term Support Noted..........>

EURO-YEN TECHS
EURO-YEN TECHS: Key Near Term Support Noted Between Y133.82-Y133.80
*RES 4: Y135.80/85 Hourly congestion Jan 26
*RES 3: Y135.41/49 Hourly base Jan 25, hourly high Jan 26
*RES 2: Y135.00/02 Intraday high, hourly recovery Jan 29
*RES 1: Y134.80 Hourly resistance
*PRICE: Y134.36 @0855GMT
*SUP 1: Y134.19 1% volatility band
*SUP 2: Y133.82 76.4% Fibo of Y133.05-Y136.31
*SUP 3: Y133.80 6 month rising support line
*SUP 4: Y133.05 Jan 10 low
*COMMENTARY* Has slipped below the recent range base at Y134.92, thereby
allowing some further correction of the most recent Y133.05-Y136.31 rise. In
this respect, a deeper Y134.19-Y133.80 fall cannot be ruled out. Meanwhile,
resistance is noted from Y134.80 and then beneath Y135.02 but rallies will
likely require a move back through Y135.41-Y135.49 before near term upside focus
is regained and a move back towards Y135.80-Y135.85.

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