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Rollercoaster results in new.........>

EURO-YEN TECHS
EURO-YEN TECHS: Rollercoaster results in new highs:
*RES 3: 119.88 High Aug 6
*RES 2: 119.59 High Aug 13
*RES 1: 119.52 Intraday High
*PRICE: 119.15 @ 15:17 GMT Sep 12
*SUP 1: 118.27 Low Sep 11 and key intraday support
*SUP 2: 117.73 Low Sep 9
*SUP 3: 117.28 Low Sep 5
The anticipated whipsaw price action across the ECB meeting materialised
Thursday, resulting in new highs for the cross at 119.52. This extends the
impulsive uptrend, keeping bullish conditions in place. This should firm
momentum studies and highlight a bullish turn in shorter-term moving averages.
The focus remains on 119.59 and 119.88, Aug 13 and Aug 6 highs respectively
ahead of the bear channel top at 119.91. This is drawn off the Apr 17 high and
represents a key resistance. 118.27 marks initial support.

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