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Stuck in The Range Renewed risk......>

EURO-YEN TECHS
EURO-YEN TECHS: Stuck in The Range
Renewed risk appetite helped stabilise EURJPY with bulls now looking to target
the March 26 high at 125.01. Above here brings the 50-dma at 125.33 into play
ahead of pivotal resistance & the Mar 22 high at 125.95/126.18. Bears need to
take out the 124.00 level to regain control, before challenging the 50%
retracement level & Jan 15 low at 123.54/40.

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