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Y127.70-Y128.10 Keeps Interest.......>

EURO-YEN TECHS
EURO-YEN TECHS: Y127.70-Y128.10 Keeps Interest Lower At Present
*RES 4: Y128.95 Hourly high Jun 14
*RES 3: Y128.52 Jun 18 high
*RES 2: Y128.05/10 Congestion area Jun 15-18
*RES 1: Y127.70/81 Jun 15, Jun 18 lows, now resistance
*PRICE: Y127.56 @1532GMT
*SUP 1: Y126.64/90 Jun 19 low, hourly support
*SUP 2: Y126.17 2% volatility band
*SUP 3: Y125.97 76.4% Fibo of Y124.62-Y130.35
*SUP 4: Y125.86 Equality fall from Y128.52 to Y130.36-Y127.70
*COMMENTARY* Found support from Y126.64 on Tuesday, thus so far protecting
against a deeper fall into the congested Y126.17-Y125.86 area. That said, the
subsequent recovery has faltered into initial Y127.70-Y127.81 resistance. Will
need the comfort of a move back above here and then the slightly higher
Y128.05-Y128.10 region, before the belief in the upside will reappear. Below
Y125.86 and not much then ahead of the year's Y124.62 low.

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