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Bearish Reversal EURJPY smashed......>

EURO-YEN TECHS
EURO-YEN TECHS: Bearish Reversal
EURJPY smashed below its 50-dma & the 125.00 level yesterday, extending losses
back down towards the Feb 15 low at 124.23 which acts as the next level of
support. Below here would extend declines towards the 123.79 Jan 24 low. To
stabilise the outlook bulls need to recover 126 before challenging the 100-dma
at 126.67.

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