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Downside Focus Returns EURJPY has....>

EURO-YEN TECHS
EURO-YEN TECHS: Downside Focus Returns
EURJPY has edged back down to Tuesday's low at 124.48 with a break below here
needed to target the April 26 low & the 124.00 level. Below here would return
the focus to the 50% retracement of the 2016 lows to the 2018 highs & March lows
at 123.72/66. Bulls look to clear the 125.30-60 zone which holds the 100-dma,
50% retracement of the Apr fall & previous series of highs. A topside break
opens a move toward the 126.00/05 area which has proved hard to overcome.

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