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126 Proves A Step Too Far EURJPY.....>

EURO-YEN TECHS
EURO-YEN TECHS: 126 Proves A Step Too Far
EURJPY was unable to recover the 126 level yesterday, topping out at 125.83.
Bulls need to clear this level to re-ignite the uptrend and focus on the 50%
retracement level of 133.13-118.71 & 200-hma at 125.92/126.08. Above here opens
a run at the 100-dma 126.55. On the downside bears need to take out the Feb 15
low & 38.2% retracement of 2019 range at 124.23/14 to regain control.

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