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Bulls Need A Close Above 129 ........>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Need A Close Above 129 
EURJPY has shrugged off the risk aversion seen in equity markets as bulls focus
on the 129 level. A close above here would open the 200-dma at 129.98 to shift
the outlook positive and target the Oct 10 high at 130.50. Bears look for a
close below 127.50 to regain control, targeting the Oct 26 low at 126.64, ahead
of the Aug 15 low at 124.91.

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