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100-dma Continuing to Hold EURJPY....>

EURO-YEN TECHS
EURO-YEN TECHS: 100-dma Continuing to Hold
EURJPY continues to try to convincingly take out the 100-dma at 126.51 and the
126.57 level that marked Thursday and Friday's high. A close above here would
bring the Mar 5 high at 126.94 & the 127.00 level back into play. On the
downside bears need to take out the 50-dma at 125.23 before focusing on the Feb
15 low & 38.2% retracement level 124.23/14.

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