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Y132.43-Y132.39 Support As Rally.....>

EURO-YEN TECHS
EURO-YEN TECHS: Y132.43-Y132.39 Support As Rally Reaches Y133.15
*RES 4: Y134.23 1% volatility band
*RES 3: Y133.78 76.4% Fibo of Y134.50-Y131.46
*RES 2: Y133.34 61.8% Fibo of Y134.50-Y131.46
*RES 1: Y133.15 Nov 2 high
*PRICE: Y132.93 @1322GMT
*SUP 1: Y132.39/43 Nov 1, Nov 2 lows
*SUP 2: Y131.93 Initial recovery high Oct 30, now support
*SUP 3: Y131.75 Oct 27 low
*SUP 4: Y131.41/46 Aug 2 high, Oct 30 low
*COMMENTARY* Still in the process of correcting some of the Y134.50-Y131.46 fall
seen over the last week. The latest rise through Y132.96-Y132.98 has seen a high
of Y133.15 so far, as we head towards the next Fibo retrace level at Y133.34. In
the meantime, support also rises slightly, Y132.43-Y132.39 initially and this
currently protects against a more sizeable pullback of this week's gains from
that Y131.46 level.  

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