First appeared on eFXplus on Jul 02 - 08:40 PM
- Risk sentiment not so on but EUR/JPY buoyant, to break above Ichi cloud?
- Daily Ichi cloud 128.51-129.05, in descent, cross 129.03-15 EBS so far.
- Clean break above cloud targets descending 55-DMA up at 129.66.
- EUR/JPY buoyancy despite soggy EUR/USD, JPY sales pick up, summer carries?
- Some suggest Europe-Germany may have seen last of any negative news for now.
- EUR/JPY looks good on hourly chart too, above Ichi cloud, 55-HMA at 128.83.
Thomson Reuters IFR Markets