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Topped Out Ahead of 125.50 Global....>

EURO-YEN TECHS
EURO-YEN TECHS: Topped Out Ahead of 125.50
Global risk appetite underpinned which saw EURJPY overcome the 125.00 level with
ease. Rate topped out ahead of 125.50 with bulls focus turning to 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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