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Y131.10-Y130.91 Provides Important...>

EURO-YEN TECHS: Y131.10-Y130.91 Provides Important Intraday Support
*RES 4: Y133.16 1.618 swing of Y131.71-Y129.37
*RES 3: Y132.23/33 Aug 2015 low, Feb 2016 high
*RES 2: Y131.97/10 1% vol band, 1.618 swing Y131.09-Y129.46
*RES 1: Y131.70/80 Hourly resistance
*PRICE: Y131.40 @0913GMT
*SUP 1: Y131.10 Hourly support
*SUP 2: Y130.91 Sep 11 high, now support
*SUP 3: Y130.67 Sep 8 high, Sep 12 low
*SUP 4: Y130.37 Hourly high Sep 8, now support
*COMMENTARY* A high so far of Y132.02, roughly in line with the upper 1%
volatility band and the swing target of the recent Y131.09-Y129.46 fall. Support
seen from Y131.10-Y130.91, loss would caution now and open up corrective
potential of recent gains from Y129.46-Y129.37. Meanwhile, resistance Y131.70-80
but above Y132.10 and the Y133.16-Y133.28 area is the next real attraction,
ahead of the long term Y133.63-Y134.41 Fibo retrace levels.

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