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Pressure Remains On Key DMAs *RES....>

EURO-YEN TECHS
EURO-YEN TECHS: Pressure Remains On Key DMAs
*RES 4: Y132.44 High Mar 13
*RES 3: Y132.20 55-DMA
*RES 2: Y132.15 200-DMA
*RES 1: Y131.99 High Apr 9
*PRICE: Y131.95 @ 0240GMT
*SUP 1: Y130.82 Hourly support Apr 4 
*SUP 2: Y129.97 High Mar 23 now support 
*SUP 3: Y129.60 55-WMA 
*SUP 4: Y128.94 2018 Low Mar 23
*COMMENTARY: The pair remains supported around 55 & 200-WMAs and capped ahead of
the 200-DMA with the 100-DMA (Y133.05) key topside. Bulls need a close above the
100-DMA to end bearish hopes and hint at a move back to 2018 highs with a close
above Y134.16 to confirm. The 21-DMA has been supporting but bears look for a
close below Y130.82 to ease bullish pressure and below Y129.97 to return focus
to Y128.94-129.60 where WMAs and 2018 lows are located.

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