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Double Bottom EURJPY formed a........>

EURO-YEN TECHS
EURO-YEN TECHS: Double Bottom
EURJPY formed a short-term double-bottom ahead of 122.50, with the recovery
extending toward 123.00. Bulls need to clear this level to reignite upside
momentum, opening a move to 123.60/70 which has registered a series of previous
highs. Bears need to take out 122.50 to return the focus to 122.08/07 which
holds the May 15 low & 61.8% retracement of the 2018 range.

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