Still Looking For Break Of Recent....>

EURO-YEN TECHS: Still Looking For Break Of Recent Range

*RES 4: Y132.18 1.618 swing of Y130.77-Y128.49

*RES 3: Y131.52 1.618 swing of Y130.51-Y128.87

*RES 2: Y131.25 1% volatility band

*RES 1: Y130.62/77 Jul 26, Jul 11 highs 

*PRICE: Y130.03 @1521GMT

*SUP 1: Y129.80/90 Hourly support

*SUP 2: Y129.55 Jul 27 low

*SUP 3: Y129.25 Jul 25 low 

*SUP 4: Y128.87 Jul 24 low

*COMMENTARY* Has settled into a range over the last 3 weeks below the Jul 11

high at Y130.77. The upside still looking to benefit from a clear break here,

with the upper 1% volatility band then the bar to a greater Y131.52-Y132.18

rise. The latter the swing target of the Y130.77-Y128.49 fall seen earlier this

month. In the interim, Y128.80-90 is initial support, ahead of a succession of

recent lows currently protecting the base of the range at that Y128.49 level.