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Bulls Need To Clear 125.00 Despite...>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Need To Clear 125.00
Despite renewed risk appetite bulls were unable to overcome the 125.00 level
sustainably which keeps the short-term outlook neutral. Above here opens the Jan
1 high at 126.14, ahead of the Dec 31 high at 126.44. 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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