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Y133.23 Resistance Remains Key.......>

EURO-YEN TECHS
EURO-YEN TECHS: Y133.23 Resistance Remains Key
*RES 4: Y134.50 2017 High Oct 25
*RES 3: Y133.88 High Nov 14
*RES 2: Y133.53 Bollinger band top
*RES 1: Y133.23 High Nov 24
*PRICE: Y132.87 @ 0530GMT
*SUP 1: Y132.38 Hourly resistance Nov 29 now support 
*SUP 2: Y131.71 Low Nov 28 
*SUP 3: Y131.45 100-DMA 
*SUP 4: Y131.21 Low Nov 23
*COMMENTARY: Support emerging on dips back towards the 100-DMA provides bulls
breathing room but the Y133.23 resistance remains key. Bulls need a close above
to gain traction above the 55-DMA (Y132.67) and return initial pressure to
Y133.88-134.50. Bears now need a close below Y132.38 to retain focus on
Y131.21-45 where the 100-DMA is noted. Bears need a close below Y131.21 to end
bullish hopes and shift overall focus back to Y127.54.

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