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Bulls Targeting 125.00 EURJPY........>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Targeting 125.00
EURJPY based ahead of 124.00 yesterday, before improved risk appetite extended
the recovery. The cross remains stuck in its recent range with topside focus on
the 125.00 level, a close above would suggest a bullish reversal towards the Jan
1 & Dec 31 highs at 126.14/44. Bears need a break of the Jan 15 low at 123.40 to
return focus to the 38.2% retracement level & Jan 4 low at 122.65/59.

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