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EUR Defensive Post ECB Dovish ECB....>

EURO-YEN TECHS
EURO-YEN TECHS: EUR Defensive Post ECB
Dovish ECB remarks on the potential mitigation of negative rates, pressured
EURJPY back under 125.00. The 61.8% retracement of 123.67-125.62 provides the
next layer of support at 124.41, with a break here needed to open the Mar 29 low
at 124.13. Bulls need a close above 125 to put the focus back on the 125.60/65
area, which has registered a series of previous highs.

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