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No Sign Of A Breakout Yet EURJPY.....>

EURO-YEN TECHS
EURO-YEN TECHS: No Sign Of A Breakout Yet
EURJPY remains in the middle of its broad 128-129 sideways trend with no sign of
a breakout. Bears need a close below 128 to resume the downtrend, opening the
Oct 26 low at 126.64, ahead of the Aug 15 low at 124.91. Bulls look for a close
above 129, which would bring the 200-dma into play at 129.85.

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