###POV Y125.80-127.54 Support Key....>

EURO-YEN TECHS: ###POV Y125.80-127.54 Support Key For LT Bulls

*RES 2: Y141.05 - Monthly High June 4 2015

*RES 1: Y134.59 - High Dec 4 2015

*PRICE: Y132.72 @ 0100GMT

*SUP 1: Y127.54 - Low Aug 18

*SUP 2: Y125.80 - High May 25 now support

###POV: Consolidation above the 200-WMA (Y130.38) sees LT bulls focused on

Y141.05 June 2015 mthly highs and needing a close above Y134.59 Dec 5 2015 highs

to add support to their case.

- Although LT bears look for a close below the 200-WMA to confirm a break of the

weekly bull channel base (Y130.70) and hint at a decent correction, the

Y125.80-127.54 support region is key. LT Bears need a close below Y125.80 to end

bearish hopes and hint at a move back to Y114.82 2017 lows with below the

100-WMA (Y122.96) to add weight to their case.

- Please click for chart: https://tinyurl.com/yclowtn2