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

EURO-YEN TECHS
EURO-YEN TECHS: Y127.70-Y128.10 Still Keeps Interest Lower At Present
*RES 4: Y128.95 Hourly high Jun 14
*RES 3: Y128.52 Jun 18 high
*RES 2: Y128.04/10 Intraday high, congestion area Jun 15-18
*RES 1: Y127.70/80 Hourly resistance
*PRICE: Y127.09 @0914GMT
*SUP 1: Y126.95 Hourly support
*SUP 2: Y126.64 Jun 19 low
*SUP 3: Y125.97 76.4% Fibo of Y124.62-Y130.35, 2% vol band
*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 Y125.97-Y125.86 area. That said, the
subsequent recovery has faltered into Y128.05-Y128.10 resistance. Will need the
comfort of a move back above here, before any belief in the upside will
reappear. Support now from Y126.95, below Y125.86 and not much then ahead of the
year's Y124.62 low.

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