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Stuck In The Range EURJPY based......>

EURO-YEN TECHS
EURO-YEN TECHS: Stuck In The Range
EURJPY based ahead of 124.00 yesterday, before improved risk appetite through
Asia extended the recovery to 124.79. The cross remains stuck in its recent
range with topside focus on the 125.00 level, a break would suggest a bullish
reversal towards the Jan 1 & Dec 31 highs at 126.14/44. Bears need a break of
the Jan 15 low at 123.40 to return focus to the 38.2% retracement level & Jan 4
low at 122.65/59.

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