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Bulls Need A Firm Break Of 125.00 ...>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Need A Firm Break Of 125.00 
Despite renewed risk appetite bulls were unable to overcome the 125.00 level
sustainably which keeps the near term outlook neutral. Above here opens the Jan
1 high & 21-dma at 126.14/04. Below 124 shifts the outlook bearish with downside
focus on the Jan 4 low at 122.59, ahead of the 38.2% retracement level at
121.99.

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