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No Change While 132.52-132.60........>

EURO-YEN TECHS: No Change While 132.52-132.60 Continues To Cap Rallies
*RES 4: Y133.80/86 Feb 12 high, 38.2% of Y137.51-Y131.61
*RES 3: Y133.39 Feb 14 high 
*RES 2: Y133.11 Feb 16 high 
*RES 1: Y132.52/60 Feb 15 low, hourly resistance
*PRICE: Y132.33 @0958GMT
*SUP 1: Y131.81 Feb 16 low
*SUP 2: Y131.61 Feb 14 low
*SUP 3: Y131.45 Hourly support
*SUP 4: Y131.17 Nov 17 low
*COMMENTARY* The lower 2% volatility band came under pressure last Wednesday. A
low of Y131.61, before the weight of some heavily oversold hourly conditions
came to the near term rescue. The subsequent lift faltered at Y133.39 and has
subsequently lost ground again since. Y132.52-Y132.60 and then Y133.11 now in
the way of a fresh attempt higher. Meanwhile, support from Y131.81 now protects
against a Y131.61-Y131.45 return and possibly a further Y131.17 fall.

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