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Y134.81 Support Remains Key *RES.....>

EURO-YEN TECHS
EURO-YEN TECHS: Y134.81 Support Remains Key
*RES 4: Y139.02 Monthly High Aug 2015
*RES 3: Y136.62 2018 High Jan 5
*RES 2: Y136.55 Bollinger band top
*RES 1: Y136.32 High Jan 8
*PRICE: Y135.94 @ 0530GMT
*SUP 1: Y135.44 Hourly resistance Jan 17 now support 
*SUP 2: Y135.06 21-DMA 
*SUP 3: Y134.81 Hourly support Jan 12 
*SUP 4: Y134.39 Alternating hourly support/resistance
*COMMENTARY: The sell-off from 2018 highs found support around the 21-WMA and
ahead of the 100-DMA (Y133.04) with the recovery seeing initial focus back on
2018 highs. While the 100-DMA supports overall bullish focus remains on
139.02-141.05 where monthly highs are noted. Bears still need a close back below
Y134.81 to ease bullish pressure and shift focus back to the 21-WMA and 100-DMA.
Below the 100-DMA shifts focus to Y130.59-132.03.

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