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Recovery Moves Back Toward Recent....>

EURO-YEN TECHS
EURO-YEN TECHS: Recovery Moves Back Toward Recent Range Highs
*RES 4: Y137.17 5 month rising resistance line
*RES 3: Y136.87 1% volatility band
*RES 2: Y136.64 Jan 5 high
*RES 1: Y136.29/31 Jan 25, Jan 18 highs
*PRICE: Y135.86 @1716GMT
*SUP 1: Y135.35/45 Hourly support
*SUP 2: Y135.12 Intraday hourly base
*SUP 3: Y134.75 Hourly pullback low Jan 30 
*SUP 4: Y134.13/16 Jan 30 low, 1% volatility band
*COMMENTARY* The correction of the most recent Y133.05-Y136.31 rise found
support from Y134.13, above the lower 1% volatility band and also the 6 month
rising support line at Y133.85. Meanwhile, with today's move back above Y135.80
has almost completed a return to recent 136.29-136.31 range top. A high of
136.06 at the time of writing. Meanwhile, support comes from Y135.45-Y134.35,
with 135.12 currently more important below.

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