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Recovers Well From Key...............>

EURO-YEN TECHS: Recovers Well From Key Y128.90-Y128.85 Support
*RES 4: Y132.22 38.2% Fibo of Y137.51-Y128.95
*RES 3: Y131.89 1% volatility band
*RES 2: Y131.73 Mar 20 high
*RES 1: Y130.97/07 23.6% Fibo of Y137.51-Y128.95, Mar 21 high
*PRICE: Y130.62 @1708GMT
*SUP 1: Y129.98/05 Mar 23 high, hourly support
*SUP 2: Y129.70 Intraday hourly base 
*SUP 3: Y129.27 Hourly low Mar 23
*SUP 4: Y128.85/90 38.2% Fibo, equality fall from Y131.73 
*COMMENTARY* Last week's recovery stalled just below the 76.4% Fibo retrace
level at Y131.77 on Tuesday. Subsequent pullback broke below Y130.35-Y130.08
support, raising concerns. Continued the fall below the Mar 5 low at Y129.35
toward key support from Y128.90-Y128.85. An equality fall from Y131.73 and the
38.2% Fibo retrace of the Y114.85-Y137.51 rise seen since last April. Resistance

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