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Bullish Breakout Risk appetite.......>

EURO-YEN TECHS
EURO-YEN TECHS: Bullish Breakout
Risk appetite spilled over into Europe with EURJPY clearing 133.00 for the first
time since April. Bulls focus turns toward the April highs at 133.49, above here
would trigger a large double-bottom formation and shift the medium-term outlook
bullish. Bears need to break 130.00, a close below here would shift the outlook
back to neutral and target 128.00 to return focus to the August lows of 124.91.

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