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Rally Still Faces Several............>

EURO-YEN TECHS
EURO-YEN TECHS: Rally Still Faces Several Obstacles Between Y134.17-Y134.61
*RES 4: Y134.55/61 2% volatility band, November 2015 high
*RES 3: Y134.52 Median line drawn off Apr,Jun lows, Aug highs
*RES 2: Y134.41 61.8% Fibo of Y149.80-Y109.51
*RES 1: Y134.17 Sep 19 high
*PRICE: Y133.67 @0930GMT
*SUP 1: Y133.20/25 Hourly support
*SUP 2: Y132.95 Hourly low Sep 18
*SUP 3: Y132.63 Sep 18 low
*SUP 4: Y132.28 Hourly base Sep 15
*COMMENTARY* Fresh strength on Tuesday saw  a rally to Y134.17, in line with the
upper 2% volatility band at the time. The upside is still confronted with
several potential obstacles in the Y134's, through Y134.17 and the 61.8% Fibo
retrace and the 5 month median line present the next Y134.41 Y134.52 barrier,
ahead of the November 2015 high at Y134.61. Meanwhile, support from
Y133.25-Y132.95, protects the Sep 18 low at Y132.63.  

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