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Flirting With Uptrend Support........>

EURO-YEN TECHS
EURO-YEN TECHS: Flirting With Uptrend Support
EURJPY took out uptrend support from the Aug low, before basing at 127.64.
Recovery efforts have so far remained shallow with bears targeting a break of
the 127.60/65 area, before challenging the Oct lows at 126.64. Bulls need to
clear broken trendline support-turned-resistance & the 100-dma at 128.92/15 to
improve the outlook. Above here opens the Nov 9 high & 200-dma at 129.65/67.

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