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126.57 Is Key EURJPY is looking to...>

EURO-YEN TECHS
EURO-YEN TECHS: 126.57 Is Key
EURJPY is looking to 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 125.22 before focusing on the Feb 15 low & 38.2% retracement
level 124.23/14.

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