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Pressure Shifts To Key DMAs *RES.....>

EURO-YEN TECHS: Pressure Shifts To Key DMAs
*RES 4: Y133.20 100-DMA
*RES 3: Y133.01 55-DMA
*RES 2: Y132.44 High Mar 13
*RES 1: Y131.90 200-DMA
*PRICE: Y131.22 @ 2030GMT
*SUP 1: Y130.94 Hourly resistance Mar 26 now support 
*SUP 2: Y130.52 Hourly resistance Mar 26a now support 
*SUP 3: Y129.97 High Mar 23 now support 
*SUP 4: Y129.44 200-WMA
*COMMENTARY: Despite flirting with key WMAs bears failed to gain traction below
the 55 (Y129.21) & 200 (Y129.44) WMAs with the bounce to start the new week
seeing focus back on the Y131.90-133.20 region where 55, 100 & 200-DMAs are
noted. Daily studies correcting from O/S are perfectly placed for a leg higher.
Bears now look for a close below Y129.97 to return pressure to Y128.94-129.44
where WMAs and 2018 lows are located.

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