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Key Supports Confirming..............>

EURO-YEN TECHS
EURO-YEN TECHS: Key Supports Confirming Significance
*RES 4: Y134.25 High Sept 25
*RES 3: Y133.49 Hourly resistance Sept 25
*RES 2: Y133.01 Hourly support Sept 25 now resistance
*RES 1: Y132.75 High Sept 27
*PRICE: Y132.55 @ 0430GMT
*SUP 1: Y132.07 Low Sept 27 
*SUP 2: Y131.82 21-DMA 
*SUP 3: Y131.74 Low Sept 26 
*SUP 4: Y131.69 Daily Bull channel base
*COMMENTARY: Repeated rejections ahead of the Y134.59 resistance took their toll
with a sell-off and bearish close Monday that saw pressure back on
Y130.47-131.82 where the bull channel base, 21 & 55-DMAs & 200-WMA are located.
Bears need a close below the channel base to add weight to the case for a test
of Y127.42-128.31 with below the 55-DMA to confirm. Bulls still need a close
above Y133.49 to shift focus back to Y134.25-59.

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