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Y129.73-Y129.77 Break Returns........>

EURO-YEN TECHS
EURO-YEN TECHS: Y129.73-Y129.77 Break Returns Overall Focus To The Topside
*RES 4: Y131.85 2% volatility band
*RES 3: Y131.53 Underside prev broken 5 month support line
*RES 2: Y131.41 Aug 2 high
*RES 1: Y130.65/71 1% volatility band, intraday high
*PRICE: Y130.56 @1605GMT
*SUP 1: Y129.90/95 Hourly support
*SUP 2: Y129.69 Initial high Aug 25, now support
*SUP 3: Y129.11/19 Aug 25 low, Aug 22 high
*SUP 4: Y128.79 Aug 18 high, now support
*COMMENTARY* The lower 1% volatility band has provided a prop over the last few
days and indeed allowed a recovery, which has accelerated after breaking above
the Y129.73-Y129.77 area. This has returned the overall focus back to the
topside, with resistance from around the upper 1% volatility band, now the brake
to a Y131.41-Y131.53 return. Meanwhile, Y129.95-Y129.69 provides an initial
support area, with Y129.19-Y129.11 below. 

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