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125 Level Key For Bulls EURJPY.......>

EURO-YEN TECHS
EURO-YEN TECHS: 125 Level Key For Bulls
EURJPY briefly traded above the 125 level yesterday, before drifting back into
the range. Failure to sustain a break returns focus to the downside and the
123.70/90 zone, which registered a series of previous lows. Bulls look for a
close above 125 to put the focus back on the 50-dma at 125.34, opening a run at
pivotal resistance & the Mar 22 high at 125.95/126.18.

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