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Multi-Year Lows *RES 4: 117.94.......>

EURO-YEN TECHS
EURO-YEN TECHS: Multi-Year Lows
*RES 4: 117.94 High Apr 14
*RES 3: 117.50 High Apr 16
*RES 2: 117.22 High Apr 22 and key near-term resistance
*RES 1: 116.22 Low Apr 21
*PRICE: 115.91 @ 10:41 BST Apr 24
*SUP 1: 115.55 Intraday low
*SUP 2: 115.37 0.765 projection of Mar 25 - Apr 2 decline from Apr 7 high
*SUP 3: 115.00 Round number support
*SUP 4: 114.85 Apr 2017 low
EURJPY remains vulnerable following yesterday's sell-off and break of major
support at 115.87, Sep 3 2019 low and last year's low print. The break of this
level reinforces the current bearish theme and also represents an important
technical breach, clearing the way for a move towards 115.37, a Fibonacci
projection and 114.85, the Apr 2017 low. On the upside, firm resistance is at
117.22, Wednesday's high.

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