EROS2 is a second generation microlensing experiment operating since mid-1996 at the European Southern Observatory (ESO) at La Silla (Chile). We present the two year analysis from our microlensing search towards the Small Magellanic Cloud (SMC) and report on the intensive observation of the caustic crossing event MACHO-SMC-98-1 and the limit derived on t he location of the lens. We also give preliminary results from our search towards the Large Magellanic Cloud (LMC); 25 square degrees are being analyzed and two candidates have been found. This allows us to set another limit on the halo mass fraction comprised of compact objects.
