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EURO-YEN TECHS: Recovers 129.00
Renewed risk appetite squeezed back above 129.00, before stalling ahead of
channel top resistance. Bulls need a close above the 200-dma at 130.07 to shift
the short-term outlook, opening the Oct 10 high & 61.8% retracement level of
133.13-126.64 at 130.50/65. Bears need a close below 127.50 to regain control,
targeting the Oct 26 low at 126.64, ahead of the Aug 15 low at 124.91.