Uptrend Remains Extends *RES 4:......>

EURO-YEN TECHS: Uptrend Remains Extends

*RES 4: 124.43 HIgh Jun 5 and key resistance

*RES 3: 124.12 High Jun 8

*RES 2: 124.07 2.0% 10-dma envelope

*RES 1: 122.98/123.22 High Jul 20 / 76.4% of the Jun 5 - 22 downleg

*PRICE: 122.72 @ 18:27 BST Jul 20

*SUP 1: 121.82 Low Jul 15 and 16

*SUP 2: 121.47 Low Jul 14

*SUP 3: 120.70 Low Jul 13

*SUP 4: 120.26/27 Low Jul 1/10 and key S/T support

EURJPY traded higher Monday but found resistance at the day high of 122.98. A

bullish theme remains intact. Last week, the cross traded above resistance at

122.50, Jul 15 and 16 high. The break confirmed a resumption of the current

bullish cycle in place since Jun 22. Attention is on 123.22, 76.4% of the Jun 5

- 22 sell-off. Support has been defined at 121.82, 15/16 Jul low. Key trend

support does not arrive until 120.27, Jul 10 low.