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EURO-YEN TECHS: 124.00 Support Seen Firm
EURJPY bounced nicely off Asia lows of 124.09, recovering well above the 124.50
mark. Downside support remains on approach to 124.00, below here would see bears
target the 50% retracement of the 2016 lows to the 2018 highs & March lows at
123.72/66. Bulls need to recover the 125 level to improve the outlook, before
targeting the 50% retracement of 126.81-124.09 & 100-dma at 125.45/55.