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Support Found Ahead Of 124 EURJPY....>

EURO-YEN TECHS
EURO-YEN TECHS: Support Found Ahead Of 124
EURJPY dipped as low as 124.09 in early Asian trading before finding some
support but the downtrend remains intact with bears looking to extend the
selloff to the 50% retracement of the 2016 lows to the 2018 highs & March lows
at 123.72/66. Bulls need to recover the 125 level to improve the outlook before
targeting the 100-dma at 125.55. 

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