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Trying to Break Lower EURJPY broke...>

EURO-YEN TECHS
EURO-YEN TECHS: Trying to Break Lower
EURJPY broke out of its two-week range to the downside yesterday, briefly
breaking below 128.50. The bearish break lower will be confirmed on an attempt
on the Sep 10 low at 127.87, signaling the medium-term outlook is deteriorating.
Bulls need to recover 130.00 to set up a run at the double-top resistance area &
200-dma at 130.50/69. A break opens the 50% fibo of the 2018 range at 131.06.

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