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Y129.47-99 Support Key *RES 4:.......>

EURO-YEN TECHS
EURO-YEN TECHS: Y129.47-99 Support Key
*RES 4: Y132.23 2016 High Jan 29 2016 
*RES 3: Y131.64 High Feb 4 2016 
*RES 2: Y131.40 2017 High Aug 2 
*RES 1: Y131.13 High Aug 4
*PRICE: Y130.67 @ 0430GMT
*SUP 1: Y130.40 Hourly support Aug 7 
*SUP 2: Y129.99 21-DMA 
*SUP 3: Y129.89 Low Aug 1 
*SUP 4: Y129.47 Low July 31
*COMMENTARY: The sell-off Thursday again found support ahead of the 21-DMA with
bears needing a close below Y129.47 to confirm a break of the 21-DMA and hint at
a move back to Y127.44-128.02 and below the channel base (Y129.07) to confirm.
The Y131.40-132.23 resistance remains key with bulls needing a close above
Y132.23 to target the bull channel top (Y136.32). The Bollinger top (Y131.31) is
the key concern for bulls & currently limits follow through.

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