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Y130.23 Resistance Key Today *RES....>

EURO-YEN TECHS
EURO-YEN TECHS: Y130.23 Resistance Key Today
*RES 4: Y131.40 2017 High Aug 2 
*RES 3: Y131.13 High Aug 4 
*RES 2: Y130.87 High Aug 7
*RES 1: Y130.23 Hourly support Aug 8 now resistance
*PRICE: Y129.89 @ 0430GMT
*SUP 1: Y129.65 High Aug 14 now support 
*SUP 2: Y129.29 Hourly resistance Aug 14 now support 
*SUP 3: Y128.91 Low Aug 14 
*SUP 4: Y128.56 Hourly support Aug 11
*COMMENTARY: The recovery from last week's low sees the pair flirting with the
21-DMA (Y129.89). Bulls now look for a close above Y130.23 to confirm a break of
the 21-DMA and return focus to Y131.13-40 and then Y132.23 2016 highs. Initial
support is noted at Y129.65 with bears needing a close below to ease pressure on
the 21-DMA and below Y128.91 to reconfirm immediate focus on Y127.43-99 where
the 55-DMA is located.

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