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Looking A Little Heavy *RES 4:.......>

EURO-YEN TECHS
EURO-YEN TECHS: Looking A Little Heavy
*RES 4: Y135.84 Low Oct 21 2015 now resistance
*RES 3: Y134.50 2017 High Oct 25
*RES 2: Y133.88 High Dec 11
*RES 1: Y133.47 Hourly resistance Dec
*PRICE: Y133.30 @ 0220GMT
*SUP 1: Y132.98 Hourly resistance Dec 7 now support 
*SUP 2: Y132.58 Hourly support Dec 7 
*SUP 3: Y132.24 Low Dec 6 
*SUP 4: Y132.07 Daily Bull channel base off Aug Low
*COMMENTARY: The pair is looking a little heavy having failed to trouble 2017
highs on the recovery from dips below 21 & 55 (Y132.71-81) DMAs. The Y132.98
support is key today with bears needing a close below to shift initial focus
back to Y131.71-132.24 where the 100-DMA and bull channel base are situated.
Bulls now need a close above Y133.47 to gain breathing room and above Y133.88 to
reconfirm initial focus on 2017 highs.

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