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Potential Bullish Reversal EURJPY....>

EURO-YEN TECHS
EURO-YEN TECHS: Potential Bullish Reversal
EURJPY consolidated above the 128.00 level through Europe. Upside momentum
continues to build and points towards a potential bullish reversal. Cloud base
resistance provides the next target at 129.02, a break opens the 38.2%
retracement of the recent downtrend at 129.12. Bears need a close below 127.00,
before turning attention toward Friday's low at 126.64, ahead of the Aug 15 low
at 124.91.

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