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Above the 200-dma, For Now...........>

EURO-YEN TECHS
EURO-YEN TECHS: Above the 200-dma, For Now
Breached the 200-dma with gains extending through 131.50. EURJPY is generating
outright bullish signals according to the MNI FX Technical Signal Monitor,
targeting a move toward the July 17 high at 131.99 & April highs at 133.49.
Bears need to break 130.00, a close below here would shift the outlook back to
neutral and target 128.00 to return focus to the August lows of 124.91.

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