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Bulls Targeting Return to 125.00.....>

EURO-YEN TECHS
EURO-YEN TECHS: Bulls Targeting Return to 125.00
Risk appetite boosted EURJPY through 124.80 with bulls looking to recover the
125 level to improve the outlook. Consolidation above would target the 50%
retracement of 126.81-124.09 & 100-dma at 125.45/50. Bears need to take out the
Apr 26 low & 124.00 level to open the 50% retracement of the 2016 lows to the
2018 highs & March lows at 123.72/66.

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