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

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: Y136.51 Bollinger band top
*RES 1: Y136.32 High Jan 8
*PRICE: Y135.51 @ 0220GMT
*SUP 1: Y135.09 21-DMA 
*SUP 2: Y134.81 Hourly support Jan 12 
*SUP 3: Y134.39 Alternating hourly support/resistance 
*SUP 4: Y133.60 Hourly support Jan 11
*COMMENTARY: The recovery form dips below the 55-DMA and channel base in recent
weeks sees the pair consolidating above the 21-DMA. The Y134.81 support remains
key. Bears still need a close back below Y134.81 to ease bullish pressure and
shift focus back to the 21-WMA (133.34) and 100-DMA (Y133.14). Below the 100-DMA
shifts focus to Y130.59-132.03. While Y134.81 supports immediate focus in on the
close above Y136652 needed to confirm focus on Y139.02-141.05.

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