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Range Trading EURJPY based at........>

EURO-YEN TECHS
EURO-YEN TECHS: Range Trading
EURJPY based at 122.28, before President Trump's auto tariff delay headlines
boosted sentiment. Rate settled in the middle of its weekly range with bears
looking for a break of the May 15 low & 61.8% retracement of the 2018 range at
122.08/07. Below here returns the focus to the 122.00 level & 50% retracement of
the 2012 low - 2014 high at 121.95. Bulls need to clear 123.00 to reignite
upside momentum, opening a move to 123.60/70 which has registered a series of
previous highs.

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