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Potential Lower High In Place .......>

EURO-YEN TECHS
EURO-YEN TECHS: Potential Lower High In Place 
With EURJPY failing to break above its August 1 high and subsequently dropping
back below 130.00 a lower high may have been established. Bears need a close
below the 129.55/60 area to extend the corrective pullback to the 21-dma at
128.10. A close above 130.00 would see bulls reclaim the upper hand, focusing on
the key 200-dma at 131.31, ahead of the July 17 high at 131.99.

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