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EURO-YEN TECHS: Bulls Look To Recover 125
EURJPY based ahead of the Feb 15 low at 124.23 on Friday and early weakness
today has managed to steer clear of this level. To stabilise the outlook bulls
need to clear 125 which would open the 21-dma at 125.61. Above here lies the
100-dma & Mar 5 high at 126.61/94. On the downside a break of the Feb 15 low
brings the 38.2% retracement of 2019 range back into view at 124.14, ahead of
the Jan 24 low at 123.79.