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Accelerating Trend EURJPY cleared....>

EURO-YEN TECHS
EURO-YEN TECHS: Accelerating Trend
EURJPY cleared 126.00 with ease, extending the rally above 126.50. This puts the
focus back on the 100-dma at 126.54, with a break above here needed to challenge
the Mar 5 high at 126.94. On the downside bears need to take out the 50-dma at
125.14, before focusing on the Feb 15 low & 38.2% retracement level 124.23/14.

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