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Failed Ahead of 200-DMA EURJPY.......>

EURO-YEN TECHS
EURO-YEN TECHS: Failed Ahead of 200-DMA
EURJPY failed to break above the 200-dma at 130.17 yesterday with the subsequent
reversal extending back through the 100-dma to 128.92. A close below the 100-dma
is needed to reignite bearish momentum opening the potential of a move toward
127.00. A successful close above 130.17 would confirm the broader bullish trend,
targeting the Oct 10 high & 61.8% retracement of 133.13-126.64 at 130.50/65.

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