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Y131.01 Resistance Key Today *RES....>

EURO-YEN TECHS
EURO-YEN TECHS: Y131.01 Resistance Key Today
*RES 4: Y131.73 200-DMA
*RES 3: Y131.29 Hourly resistance Mar 15a
*RES 2: Y131.01 Low Mar 14 now resistance
*RES 1: Y130.43 Alternating daily support/resistance
*PRICE: Y129.83 @ 0330GMT
*SUP 1: Y129.73 Bollinger band base 
*SUP 2: Y129.48 200-WMA 
*SUP 3: Y129.33 2018 Low Mar 5 
*SUP 4: Y129.06 55-WMA
*COMMENTARY: The pair remains heavy having broken Y130.43 with immediate focus
on Y129.06-48 where 2018 lows, the 200-WMA & 55-WMA are noted. Bulls now need a
close above Y131.01 to gain breathing room. Y132.44-134.16 where 55 & 100-DMAs
are situated remains key with bulls needing a close above to target 2018 highs.
The Bollinger base is the key concern for bears with potential to limit follow
through as daily studies are well placed for losses.

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