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Back in The Channel EURJPY drifts....>

EURO-YEN TECHS
EURO-YEN TECHS: Back in The Channel
EURJPY drifts back into the channel with bulls looking for a close above the top
& yesterday's high at 123.11/19 to cement the uptrend. Further resistance is
located at the 123.60/70 area which has registered a series of previous highs.
On the downside bears look to yesterday's low at 122.54 with a break opening the
May 15 low & 61.8% retracement of the 2018 range at 122.08/07. Below here
returns the focus to the 122.00 level & 50% retracement of the 2012 low - 2014
high at 121.95.

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