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Y129.06-48 Support Region Key *RES...>

EURO-YEN TECHS
EURO-YEN TECHS: Y129.06-48 Support Region Key
*RES 4: Y132.44 High Mar 13
*RES 3: Y131.84 200-DMA
*RES 2: Y131.15 Daily Bear channel top
*RES 1: Y130.50 Hourly support Mar 22 now resistance
*PRICE: Y129.76 @ 2030GMT
*SUP 1: Y129.48 200-WMA 
*SUP 2: Y129.33 2018 Low Mar 5 
*SUP 3: Y129.06 55-WMA 
*SUP 4: Y127.54 Monthly Low Aug 18
*COMMENTARY: The rejection at the 200-DMA and bear channel top off 2018 highs
Tuesday leaves the pair looking heavy with focus back on the Y129.06-48 support 
where 55 & 200-WMAs and the 2018 low are situated. Bears need a close below the
55-WMA to target Y125.80-127.54. The Bollinger base (Y129.80) is the key concern
having limited follow through. Bulls now need a close above Y130.50 to gain
breathing room and above the 200-DMA to target Y132.44-133.24.

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