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Off Range Highs EURJPY topped out....>

EURO-YEN TECHS
EURO-YEN TECHS: Off Range Highs
EURJPY topped out at 125.60/65, before drifting back into the range. This level
is now starting to grow in importance having registered a series of previous
highs. Consolidation above here is required for bulls to regain control,
targeting a break of the 100-dma (125.92) and 126.00 level. Bears need a close
back under 125.00 to return the focus to the downside, opening the 100-mma &
April 2 low at 124.62/48.

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