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Still Trying For A Break Of..........>

EURO-YEN TECHS
EURO-YEN TECHS: Still Trying For A Break Of Y130.62-Y130.77 Highs
*RES 4: Y131.52 1.618 swing of Y130.51-Y128.87
*RES 3: Y131.06 1% volatility band
*RES 2: Y130.77 Jul 11 high 
*RES 1: Y130.59/62 Jul 25, Jul 26 highs
*PRICE: Y130.20 @1625GMT
*SUP 1: Y129.70/75 Hourly support
*SUP 2: Y129.55 Jul 27 low
*SUP 3: Y129.25 Jul 25 low
*SUP 4: Y128.87 Jul 24 low 
*COMMENTARY* Lost support from Y129.94 yesterday, thereby allowing a pullback to
the top of the next Y129.58-Y129.25 support area. This has helped to remove some
of the week's earlier overbought conditions but would benefit from a move back
above Y130.35 now. This would bring the Y130.62-Y130.77 highs back into focus,
above which there is scope to continue the rally towards Y131.28-Y131.52 next.
As a result, support comes from Y129.70-75, loss would caution again.

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