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A Month of Sideways Moves EURJPY.....>

EURO-YEN TECHS
EURO-YEN TECHS: A Month of Sideways Moves
EURJPY remains stuck in its month-long range after holding rising trendline
support off the August lows to keep the outlook neutral. Bulls initially need a
close back above the psychological 129 level, targeting the 100-dma at 129.23,
ahead of the Nov 9 high & 200-dma at 129.65/75. Bears need a close below 127.59
to regain control, opening the Oct 26 low at 126.64.

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