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Back Above 125 EURJPY based ahead....>

EURO-YEN TECHS
EURO-YEN TECHS: Back Above 125
EURJPY based ahead of 124.40 in Asia, before improved risk appetite extended the
rally toward 125.20. This brings the 21-dma & 100-hma into view at 125.62/63,
ahead of a return to the 126.00 level and 100-dma 126.61. On the downside a
break of the Feb 15 low at 124.23, opens the 38.2% retracement of 2019 range at
124.14, ahead of the Jan 24 low at 123.79.

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