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Topside Capped Ahead of 125 After....>

EURO-YEN TECHS
EURO-YEN TECHS: Topside Capped Ahead of 125
After topping out at 124.97 on Friday the pair has eased back into its recent
range. Bulls need to clear 125.00 to suggest a further bullish reversal towards
the Jan 1 & Dec 31 highs at 126.14/44. Bears target a break of of the Jan 15 low
at 123.40, which would return focus to the 38.2% retracement level & Jan 4 low
at 122.65/59.

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