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Y132.44 Support Key Today *RES 4:....>

EURO-YEN TECHS
EURO-YEN TECHS: Y132.44 Support Key Today
*RES 4: Y134.41 2017 High Sept 22
*RES 3: Y134.25 High Sept 25
*RES 2: Y133.85 Bollinger band top
*RES 1: Y133.49 Hourly resistance Sept 25 & High Oct 12
*PRICE: Y133.05 @ 0930GMT
*SUP 1: Y132.68 21-DMA 
*SUP 2: Y132.44 Alternating hourly support/resistance 
*SUP 3: Y131.95 Hourly support Oct 18 
*SUP 4: Y131.65 Low Oct 16
*COMMENTARY: The sell-off from last week's Y133.49 topside failure resulted in a
break of Y131.74 but follow through has so far been lacking. Bulls continue to
look for a close above Y133.49 to shift immediate focus to Y134.25-134.59 where
2017 and monthly highs are situated. Layers of support are building with bears
needing a close below Y132.44 to shift focus back to Y131.25-131.65 where the
55-DMA is noted.

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