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Near Term Upside Potential The......>

EURO-YEN TECHS
EURO-YEN TECHS: Near Term Upside Potential 
The return of risk appetite has helped stabilise EURJPY with bulls now looking
to target the March 26 high at 125.01. Above here would bring the 50-dma at
125.33 into play ahead of pivotal resistance & the Mar 22 high at 125.95/126.18.
To regain the upper hand bears look to take out the 124.00 level, before
challenging the 50% retracement level & Jan 15 low at 123.54/40. 

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