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Bulls Target 130.50 EURJPY's break...>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Target 130.50
EURJPY's break of downtrend resistance yesterday sets up a run at the double-top
resistance area & 200-dma at 130.50/75. A break above here would challenge the
50% fibo of the 2018 range at 131.06. On the downside, a close below the 100-dma
would target 127.87 marking the Sep 10 low and signal that the medium-term
outlook is deteriorating.

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