First appeared on eFXplus on May 29 - 10:30 PM
- EUR/JPY steady in Asia between 124.98-125.60 so far in Asia.
- That said, cross looking ready to head lower, 124.62 low overnight.
- Stops likely on break below overnight low, 124.50.
- Japanese exporters in a bind, assuming 129-130 in fiscal half budgets.
- 125.15 100-WMA break big, weekly Ichi cloud base 124.68.
- Specs eyeing push to 123.00-area for now, lows June '17 .
EUR/JPY: Click here
Thomson Reuters IFR Markets