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Bullish Trend EURJPY breached........>

EURO-YEN TECHS
EURO-YEN TECHS: Bullish Trend
EURJPY breached 130.00 with the rally extending to 130.15. Bulls target a break
of the Oct 22 high & 200-dma at 130.20/24 to build on recent momentum, opening a
move towards 130.65 which represents the 61.8% retracement of 133.13-126.64.
Bears need a close below the 100-dma at 129.49 to return the focus back to
neutral, while a break back below 127.00 is needed to reignite downside
momentum.

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