Pivotal Y131.85 Level Under..........>

EURO-YEN TECHS: Pivotal Y131.85 Level Under Assault Today

*RES 4: Y133.34 61.8% Fibo of Y134.50-Y131.46

*RES 3: Y133.15 Nov 2 high

*RES 2: Y132.85 Hourly congestion Nov 3

*RES 1: Y132.40/42 Nov 3 low, Nov 7 high

*PRICE: Y131.88 @1025GMT

*SUP 1: Y131.80/85 Intraday low, hourly support

*SUP 2: Y131.46 Oct 31 low

*SUP 3: Y131.00/03 1% vol band, 50% Fibo of Y127.56-Y134.50

*SUP 4: Y130.62 Sep 14 low

*COMMENTARY* The pivotal Y131.85 support is under assault at the time of

writing. A hold around here is required in order to preserve any of the recent

upside bias following the recovery from the Oct 31 low at Y131.46. A loss will

put this level back in jeopardy and perhaps for a further Y131.03-Y130.42 fall.

In the interim, still require a move back above Y132.40-42, before things can

improve, Y132.85 then next to watch higher.