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Supported Ahead of Bull Channel......>

EURO-YEN TECHS: Supported Ahead of Bull Channel Base
*RES 4: Y135.84 Low Oct 21 2015 now resistance
*RES 3: Y134.50 2017 High Oct 25
*RES 2: Y134.05 Hourly support Dec 1a now resistance
*RES 1: Y133.74 Hourly support Dec 1 now resistance
*PRICE: Y133.12 @ 2000GMT
*SUP 1: Y132.98 Hourly resistance Dec 7 now support 
*SUP 2: Y132.58 Hourly support Dec 7 
*SUP 3: Y132.24 Low Dec 6 
*SUP 4: Y131.91 Daily Bull channel base (Aug 18 low)
*COMMENTARY: Bears failed to capitalise on a close below 21 & 55 (Y132.66) DMAs
with the pair bouncing from ahead of the bull channel base and 100-DMA
(Y131.65). Y30.59-131.91 support region is key. Bears need a close below Y131.21
to confirm breaks of the channel base & 100-DMA and below Y130.59 to shift
initial focus to Y129.36. The bounce sees bulls retain focus on 2017 highs with
a close above to shift overall focus to Y139.02-141.04 region last seen in 2015.

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