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Y133.88 Support Key Today *RES 4:....>

EURO-YEN TECHS
EURO-YEN TECHS: Y133.88 Support Key Today
*RES 4: Y136.40 High Oct 21 2015
*RES 3: Y135.84 Low Oct 21 2015 now resistance
*RES 2: Y134.88 2017 High Dec 21
*RES 1: Y134.43 Low Dec 21 now resistance
*PRICE: Y134.24 @ 0530GMT
*SUP 1: Y133.88 Hourly support Dec 20 
*SUP 2: Y133.60 Hourly support Dec 19 
*SUP 3: Y133.11 Alternating hourly support/resistance 
*SUP 4: Y132.54 Hourly support Dec 18
*COMMENTARY: Continued fresh 2017 & 2+ year highs open up for a potential move
targeting monthly highs Y139.02-141.05. The Bolli top (Y134.66) is the key
concern for bulls. Layers of support are following the pair higher with bears
now needing a close below Y133.88 to ease bullish pressure and shift focus back
to the key Y130.59-132.45 support region where the 100-DMA and bull channel base
are noted. Immediate bullish focus is on Y135.84-136.40 while Y133.88 supports.

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