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Y132.74-133.50 Resistance Key *RES...>

EURO-YEN TECHS
EURO-YEN TECHS: Y132.74-133.50 Resistance Key
*RES 4: Y133.50 Hourly support Oct 24
*RES 3: Y133.12 Hourly resistance Oct 26
*RES 2: Y132.74 21-DMA
*RES 1: Y132.60 Hourly resistance Nov 1
*PRICE: Y132.43 @ 0530GMT
*SUP 1: Y132.23 Hourly support Oct 31 
*SUP 2: Y131.77 Hourly support Oct 31a 
*SUP 3: Y131.45 Low Oct 30 
*SUP 4: Y131.37 Bollinger band base
*COMMENTARY: Bears have failed to gain traction below the 55-DMA (Y131.80) with
the bounce seeing focus return to Y132.74-133.50 where the 21-DMA is located.
Bulls continue to look for a close above Y133.50 to return focus to the key
Y134.59 resistance. Bears now need a close below Y132.23 to ease pressure on the
21-DMA and below Y131.45 to confirm a break of the 55-DMA and shift immediate
focus to Y130.24-59 and overall focus to Y127.50.

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