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100-mma Giving Way EURJPY extended...>

EURO-YEN TECHS
EURO-YEN TECHS: 100-mma Giving Way
EURJPY extended its corrective pullback with the 125.00 and the 100-mma at
124.61 giving way. Bears look for a close below the Apr 1 low at 124.34 to see
the next leg lower. A break below here would open up the the 50% retracement of
the 2016 lows to the 2018 highs & March lows at 123.72/66. Bulls need to recover
the 100-dma, before putting the focus back on the 126 handle and Thursday's high
at 126.81.

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