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Dips Under 126.00 EURJPY failed to...>

EURO-YEN TECHS
EURO-YEN TECHS: Dips Under 126.00
EURJPY failed to close above the 100-dma yesterday with the downtrend extending
back under 126.00. A close below the handle today would give control back to the
bears, targeting a downside break of the 50-dma at 125.32, ahead of the cloud
top at 124.87. Bulls need a close above 126.45 to cement the uptrend and put the
focus back on the Mar 5 high at 126.94 & 127 level.

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