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Y132.61 Resistance Remains Key.......>

EURO-YEN TECHS
EURO-YEN TECHS: Y132.61 Resistance Remains Key
*RES 4: Y133.50 Hourly support Oct 24
*RES 3: Y133.14 High Nov 2
*RES 2: Y132.61 Hourly support Nov 6 now resistance
*RES 1: Y132.41 High Nov 7
*PRICE: Y132.13 @ 0530GMT
*SUP 1: Y131.40 Low Nov 8 
*SUP 2: Y130.91 100-DMA 
*SUP 3: Y130.59 Low Sept 15 
*SUP 4: Y129.34 Low Sept 6
*COMMENTARY: Bears are struggling to gain traction below the 55-DMA (Y132.22).
Layers of resistance remain. Bulls still need a close above Y132.61 to return
pressure to Y133.14 and above this level to confirm an easing of bearish
pressure and to shift immediate focus to Y134.50-59. A close above Y134.59
potentially targets Y139.00-141.00. Bears now need a close below Y131.40 to add
weight to their case and below Y130.59 to target Y127.50.

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