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Y133.05-134.39 Resistance Region.....>

EURO-YEN TECHS
EURO-YEN TECHS: Y133.05-134.39 Resistance Region Key Overall
*RES 4: Y133.43 Hourly support Feb 13 now resistance
*RES 3: Y133.05 High Feb 21
*RES 2: Y132.78 Hourly resistance Feb 21
*RES 1: Y132.06 Hourly resistance Feb 22
*PRICE: Y131.56 @ 2030GMT
*SUP 1: Y131.27 2018 Low Feb 22 
*SUP 2: Y131.18 200-DMA 
*SUP 3: Y131.15 Monthly Low Nov 20 
*SUP 4: Y130.50 Low Sept 14
*COMMENTARY: Despite daily studies correcting from O/S adding support, bulls
failed to capitalise on Wednesday's gains with the pair again looking heavy
trading at 2018 & 3mth lows. The Y130.50-131.27 support region is now key. A
close below Y130.50 is needed to confirm a break of the 200-DMA and shift
initial focus to Y127.52-129.25. Bulls now need a close above Y133.05 to gain
breathing room and above the 55-DMA (Y134.39) to target 2018 highs (Y137.50).

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