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Bulls Close Week Above 125 The......>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Close Week Above 125 
The close to the week above 125 has shifted the outlook positive once again for
EURJPY brining the YTD Jan 1 high at 126.14 into view, ahead of the 50-dma at
126.18. Above here would allow a challenge of the Dec 27 high at 127.10. Bears
need a close back under 125 to shift the outlook neutral, while a close back
under 124 would return the focus to the Jan 15 low at 123.40. 

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