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Bulls Have The Momentum EURJPY.......>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Have The Momentum
EURJPY smashed above its 200-dma yesterday and remains on the front foot with
bulls focused on the April highs at 133.49. A close 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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