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Bullish Outlook Above 132.00 A.......>

EURO-YEN TECHS: Bullish Outlook Above 132.00
A hold above 132.00 which corresponds to the July 17 high keeps the recent
uptrend intact. Bulls focus returns to the Sep 21 high at 133.13, above here
opens the Apr 24 high at 133.49, ahead of the ytd high at 137.50. A break back
below 132.00 would allow bears to target the 200-dma at 131.08 before
challenging the 130.00 area. A close below shifts the outlook back to neutral
and targets a return to 128.00.