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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: Y132.33 Jan 25 high
*RES 3: Y131.96 2% volatility band
*RES 2: Y131.71 Underside prev broken 5 month support line
*RES 1: Y131.41 Aug 2 high
*PRICE: Y131.06 @1605GMT
*SUP 1: Y130.45 Hourly support
*SUP 2: Y129.92/98 Hourly basing area Aug 28
*SUP 3: Y129.66 Aug 28 low
*SUP 4: Y129.19 Aug 22 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 return. Meanwhile, Y130.45 provides an initial support area, with
Y129.98-Y129.66 below. 

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