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Y132.00 Becomes Pivotal To...........>

EURO-YEN TECHS
EURO-YEN TECHS: Y132.00 Becomes Pivotal To Intraday Direction
*RES 4: Y133.70 1% volatility band
*RES 3: Y133.15 Nov 2 high
*RES 2: Y132.85 Hourly congestion Nov 3
*RES 1: Y132.60 Nov 10 high
*PRICE: Y132.20 @0630GMT
*SUP 1: Y132.00 Hourly support
*SUP 2: Y131.69 Hourly base Nov 9
*SUP 3: Y131.40 Nov 8 low
*SUP 4: Y131.03 50% Fibo of Y127.56-Y134.50
*COMMENTARY* Saw a move through Y132.27-Y132.42 resistance on Friday,
culminating in a high of Y132.60 so far. Will need to see an added rise through
Y132.85 however, before the near term bias for higher will be confirmed and
another challenge to the Nov 2 high at Y133.15. In the meantime, look to Y132.00
for initial support, a loss will caution now and point towards a deeper
Y131.69-Y131.40 pullback.

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