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Lost Steam Ahead Of 130.00 EURJPY...>

EURO-YEN TECHS
EURO-YEN TECHS: Lost Steam Ahead Of 130.00 
EURJPY ran out of steam as it approached the key 130.00 level yesterday,
returning the short-term outlook to neutral. A close above 130.00 is needed to
shift momentum to the upside and bring focus back on the Aug 30 high of 130.87,
ahead of the 200-dma at 131.15. Bears continue to look for a break of 127.00 to
return immediate focus to the August lows of 124.91.

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