• EUR/JPY has fallen back a bit after another push up to 167.64 yesterday

• Asia 166.95-167.03 EBS so far and very quiet

• Best since July '24, double top then 167.95 July 30, 168.00 July 26

• Break above projects test up to 169.00, 169.12 high July 24, 2024

• Europe recently popular with investors, specs shying away from US, USD

• Fibo 61.8% retracement of July 11-Aug 5 '24 175.42-154.43 move 167.40, done

• Possibility of 100% retracement? More minor 78.6% retracement at 170.93

• Today sees E446 mln option expiries at 167.00 strike, gravitational pull?

• Related , for more click on [FXBUZ]

EUR/JPY:

(Haruya Ida is a Reuters market analyst. The views expressed are his own)