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Stuck in The Range EURJPY touched....>

EURO-YEN TECHS
EURO-YEN TECHS: Stuck in The Range
EURJPY touched pullback lows of 125.69, but has since staged a recovery with
USDJPY. A close below the handle today would give control back to the bears,
targeting a downside break of the 50-dma at 125.32, ahead of the cloud top at
124.87. Bulls need a close above 126.45 to cement the uptrend and put the focus
back on the Mar 5 high (126.94) & 127 level.

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