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Shows Below Key Support *RES 4:......>

EURO-YEN TECHS
EURO-YEN TECHS: Shows Below Key Support
*RES 4: 121.83 76.4% retracement Jan 16 - Feb 18 Decline
*RES 3: 121.42 2.0% Upper Bollinger Band
*RES 2: 121.40 High Feb 20
*RES 1: 120.54 Intraday high
*PRICE: 119.79 @ 16:41 GMT Feb 25
*SUP 1: 119.41 Low Feb 25
*SUP 2: 119.54 50% of the Feb 19 range
*SUP 3: 118.47 Low Feb 18
*SUP 4: 118.00 3.0% Lower Bollinger Band
The cross showed below key support at the 119.54 mark Tuesday, keeping pressure
on the technical outlook. This keeps EURJPY softer and is extending the pullback
that has unfolded following the rejection off last week's high of 121.40. The
next key support is seen at 118.47, the Feb 18 low. Falls through here will
shift the outlook outright bearish. Gains above the Tuesday high of 120.54 are
required to relieve the bearish pressure.

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