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Recent Range Still Guided By 1%......>

EURO-YEN TECHS
EURO-YEN TECHS: Recent Range Still Guided By 1% Volatility Bands
*RES 4: Y133.89 Nov 14 high
*RES 3: Y133.71 76.4% Fibo of Y134.50-Y131.17
*RES 2: Y133.55 1% volatility band 
*RES 1: Y133.24/31 61.8% Y134.50-Y131.17, Nov 24, i'day high
*PRICE: Y132.94 @1045GMT
*SUP 1: Y132.55/65 Hourly support
*SUP 2: Y132.10/30 Congestion area Nov 27-29
*SUP 3: Y131.72 Nov 28 low
*SUP 4: Y131.17 Nov 17 low
*COMMENTARY* Has been trading within a range over the last month that has been
set by the parameters of the 1% volatility bands. The latest rise is now
challenging and slightly breaking above last Friday's Y133.24 high and once
again moving towards the upper band, at Y133.55 by time today. Meanwhile,
support rises to Y132.65-Y132.55, with the congested Y132.30-Y132.10 area
backing it up below.

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