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Unable To Recover 126.00 EURJPY.....>

EURO-YEN TECHS
EURO-YEN TECHS: Unable To Recover 126.00 
EURJPY was unable to sustainably recover the 126.00 yesterday which keeps the
outlook neutral for now. Consolidation above 126 is needed to confirm the
bullish break, putting focus back on Monday's high at 126.30 ahead of a
potential return toward the 128 level. On the downside bears now look for a
close below the 50-dma at 125.07 to open the Feb 15 low at 124.23.

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