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Neutral Outlook EURJPY has...........>

EURO-YEN TECHS
EURO-YEN TECHS: Neutral Outlook
EURJPY has recovered back above 128 amid the backdrop of improved risk appetite.
A period of consolidation is required before bulls can look to reclaim the
100-dma at 129.51. A successful close above the 200-dma at 130.09 would confirm
the broader bullish trend, targeting the Oct 10 high & 61.8% retracement of
133.13-126.64 at 130.50/65. Bears need a close below 127.50 to regain control,
targeting the Oct 26 low at 126.64, ahead of the Aug 15 low at 124.91.

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