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Y133.49 Resistance Remains Key.......>

EURO-YEN TECHS: Y133.49 Resistance Remains Key
*RES 4: Y134.25 High Sept 25
*RES 3: Y133.49 Hourly resistance Sept 25 & High Oct 12
*RES 2: Y133.27 Hourly resistance Oct 12
*RES 1: Y132.95 Hourly resistance Oct 13
*PRICE: Y132.89 @ 0430GMT
*SUP 1: Y132.72 Hourly support Oct 13 
*SUP 2: Y132.61 Bollinger band base 
*SUP 3: Y132.44 Low Oct 11 
*SUP 4: Y132.23 Low Oct 10
*COMMENTARY: Y133.49 confirmed significance having capped Thursday with the
sell-off seeing bears looking for a close below Y132.44 to confirm a return in
immediate focus to Y131.74. Bears look for a close below this level to pressure
the 55-DMA (Y131.12). Bulls now need a close above Y132.95 to gain breathing
room and above Y133.49 to shift focus to Y134.25-59 where 2017 and monthly highs
are situated. Narrowing Bollinger bands suggest a breakout in the near future.

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