* EUR/JPY benefited from the more brawny bounce of EUR/USD to reverse losses from a 13-day low of 108.40. The cross currency was also helped by the 20-day moving average at 108.50.
The outlook is mixed.
Support: 108.50 (20-day moving average), 108.40 (overnight low), 106.58 (38.2% Fibonacci retracement level of the January 1999-October 2000 downtrend), 108.45 (60-day moving average), 104.45 (Feb. 20 low), 104.15 (Feb. 16 low; 8-week low), 103.11 (100-day moving average), 100.14 (200-day moving average).
Resistance: 109.92 (overnight high), 112.03 (50% Fibonacci retracement level of the January 1999-October 2000 downtrend), 112.59 (March 12 high), 113.35 (Jan. 15 high; 14 1/2-month high), 116.48 (Oct. 13, 1999, peak). For additional levels see story .877.