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Flirting With 55-DMA * Losses have...>

EURO-YEN TECHS
EURO-YEN TECHS: Flirting With 55-DMA
* Losses have defined the week so far with the pair currently flirting with the
55-DMA (Y129.26) as it trades below the bull channel base (Y129.47) off May
lows. 
* Bears continue to look for a close below the 55-DMA to shift immediate focus
back to Y128.40 and hint at a move back to 2018 lows. 
* Bulls now need a close above Y130.46 to gain breathing room and above Y131.20
to shift focus back to the 200-DMA. 
* Daily studies approaching O/S and the Bollinger base are key concerns for
bears.

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