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

EURO-YEN TECHS
EURO-YEN TECHS: Uptrend Remains Intact
*RES 4: 124.55 Bull channel top drawn off the Sep 3 low
*RES 3: 123.75 High May 21, 2019
*RES 2: 123.36 High Jul 1, 2019
*RES 1: 122.87 High Jan 16
*PRICE: 122.51 @ 10:34 GMT Jan 17
*SUP 1: 122.19 Low Jan 14
*SUP 2: 121.58 Low Jan 13
*SUP 3: 121.13 Low Jan 9
*SUP 4: 120.81 Bull channel base drawn off the Sep 3 low
EURJPY remains bullish. This follows the recent recovery off the key channel
support that remains intact. The channel is drawn off the Sep 3 low and
intersects at 120.76. The latest rebound off the base has resulted in a breach
of former resistance at 122.65, the Dec 13 high. Continued gains above this
level would pave the way for strength towards 123.36, Jul 1 high and ultimately
124.55, the bull channel top. Support is at 122.19, Jan 14 low.

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