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Downtrend Intact Friday saw.........>

EURO-YEN TECHS
EURO-YEN TECHS: Downtrend Intact 
Friday saw EURJPY move higher but fail to break back above the 100-dma, now at
129.53, which keeps the bearish trend intact. Bulls need to recover 130.00 to
set up a run at the double-top resistance area & 200-dma at 130.50/66. A break
opens the 50% fibo of the 2018 range at 131.06. Bears need to break below the
Sep 10 low at 127.87 to extend the downtrend. 

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