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Pressure Firmly On Key Supports......>

EURO-YEN TECHS
EURO-YEN TECHS: Pressure Firmly On Key Supports
*RES 4: Y134.50 2017 High Oct 25
*RES 3: Y133.88 High Dec 11
*RES 2: Y133.11 Hourly support Dec 14 now resistance
*RES 1: Y132.84 Low Dec 13 now resistance
*PRICE: Y132.37 @ 0530GMT
*SUP 1: Y132.13 Daily Bull channel base off Aug Low 
*SUP 2: Y131.84 100-DMA 
*SUP 3: Y131.71 Low Nov 28 
*SUP 4: Y131.21 Low Nov 23
*COMMENTARY: The previously noted Y133.88 res confirmed significance with the
pair capped and looking heavy once more as pressure returns to layers of support
Y130.59-132.13 where the bull channel base, 100-DMA and 21-WMA are noted. Bears
still need a close below Y131.71 to hint at a move back to the 200-DMA (Y127.68)
with below Y130.59 confirming. Layers of resistance are building with bulls now
needing a close above Y133.11 to ease pressure on key supports.

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