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Topside Capped Ahead of 125 Key......>

EURO-YEN TECHS
EURO-YEN TECHS: Topside Capped Ahead of 125
Key focus remains squarely on the 125.00 level after the pair topped out at
124.97 on Friday. 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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