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Thomson Reuters
Jul 29 - 11:00 PM
EUR/JPY Soggy Alongside EUR/USD, Holds Above Ichi Cloud
First appeared on eFXplus on Jul 29 - 09:05 PM

  • EUR/JPY soggy alongside EUR/USD, holding above 128.24-129.05 Ichi cloud
  • 55-DMA 129.26 pre-daily cloud, 129.14 low Friday, Asia so far 129.32-49
  • Resistance from flat daily Ichi kijun at 129.56, 55-HMA 129.57 just above
  • JPY markets in general look to remain in stasis ahead of BoJ announcement
  • Little in way of significant nearby option expirations, market very quiet

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