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Trend low print: *RES 4: 119.29......>

EURO-YEN TECHS
EURO-YEN TECHS: Trend low print:
*RES 4: 119.29 High Aug 14
*RES 3: 118.48 High Aug 19
*RES 2: 118.20 High Aug 26
*RES 1: 117.93 High Aug 29 and key near-term resistance
*PRICE: 116.45 @ 15:54 GMT Sep 2
*SUP 1: 116.41 Intraday low
*SUP 2: 116.00 Psychological support
*SUP 3: 115.02 1.382 projection of Apr 17 - Jun 3 decline from Jul 1 high
*SUP 4: 114.85 Low Apr 2017
EURJPY has broken lower, trading for a brief while overnight below the former
YTD low of 116.57. This has confirmed a resumption of the downtrend with the
focus now on the psychological support at 116.00. Directional technical
indicators are pointing south suggesting a strong likelihood the cross will also
trade below 116.00 to open the 115.02 Fibonacci projection level and further
out, the Apr 2017 low 114.85. Resistance is at 117.93, Aug 29 high.

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