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Y133.75 Support A Likely Pointer.....>

EURO-YEN TECHS
EURO-YEN TECHS: Y133.75 Support A Likely Pointer To Intraday Direction
*RES 4: Y136.56 1.618 swing of y134.50-Y131.17
*RES 3: Y135.22 2% volatility band 
*RES 2: Y134.61 Nov 30 2015 high
*RES 1: Y134.50 Oct 25 high
*PRICE: Y133.60 @1045GMT
*SUP 1: Y133.75 Hourly support
*SUP 2: Y133.24/31 Nov 24 high, initial high Nov 30
*SUP 3: Y132.65 Nov 30 low
*SUP 4: Y132.39 Initial rally high Nov 29, now support
*COMMENTARY* Broke above the recent range top and upper 1% volatility band, also
at Y133.89 by time today. Made a beeline straight towards the Oct 25 high at
134.50, pulling up just shy at Y134.38, before submitting to some heavily
overbought hourly conditions. In this respect Y133.75 support should offer
initial clues, a loss would concern and suggest some deeper correction is
required, Y133.31-Y132.65 then possible. 

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