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Pressuring 2018 Low *RES 4:..........>

EURO-YEN TECHS
EURO-YEN TECHS: Pressuring 2018 Low
*RES 4: Y133.43 Hourly support Feb 13 now resistance
*RES 3: Y133.05 High Feb 21
*RES 2: Y132.24 Hourly support Feb 21 now resistance
*RES 1: Y131.70 Hourly support Feb 27 now resistance
*PRICE: Y131.05 @ 0230GMT
*SUP 1: Y130.91 2018 Low Feb 23 
*SUP 2: Y130.59 Low Sept 15 
*SUP 3: Y129.34 Monthly Low Sept 6 
*SUP 4: Y127.54 Monthly Low Aug 18
*COMMENTARY: Pressure has returned to 2018 lows. Bears continue to look for a
close below Y130.59 to confirm a break of the 200-DMA (Y131.31) and shift
initial focus to Y127.54-129.34 where monthly lows are noted. Layers of
resistance remain Y132.24-134.28 where key DMAs are situated. Bulls need a close
above Y132.24 to ease bearish pressure and above the 55-DMA (Y134.24) to target
2018 highs (Y137.50).

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