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129.65 Next Up The cross.............>

EURO-YEN TECHS
EURO-YEN TECHS: 129.65 Next Up
The cross comfortably re-took 129.00 Friday with the week's rally almost
completely uninterrupted from the Monday open through to the Friday close. A
close above the 50-dma will be read as bullish, with the 100-dma in view at
129.65. On the downside, failure to hold 126.50 returns the focus to 125.58,
below here would give bears the ST advantage and put focus squarely at the
125.29 Aug 16 low.

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