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Breached Downtrend Resistance........>

EURO-YEN TECHS: Breached Downtrend Resistance
EURJPY breached downtrend resistance on the break of 130.00, before topping out
at 130.29. Bulls initially need to overcome the double-top resistance area &
200-dma at 130.50/76, before challenging the 50% fibo of 2018 range at 131.06.
On the downside, a close below the 100-dma would target 127.87 marking the Sep
10 low and signal that the medium-term outlook is deteriorating.

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