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Still Managing To Close Above 125....>

EURO-YEN TECHS
EURO-YEN TECHS: Still Managing To Close Above 125 Pivot
Despite dovish ECB remarks pressuring EURJPY back under 125.00 briefly, the pair
managed to close above this level yet again to keep the recovery alive. Bulls
now need a close above the 125.60/65 area which has registered a series of
previous highs. On the downside, yesterday's low at 124.78 is the initial target
ahead of the 61.8% retracement of 123.67-125.62 at 124.41.

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