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Thomson Reuters
May 31 - 11:00 PM
EUR/JPY - On Hold Ahead Of Spain Vote, Fresh Italy News
First appeared on eFXplus on May 31 - 08:40 PM
  • EUR/JPY steady between 127.15-33 in Asia ahead of Spain no-confidence vote.
  • Players also awaiting fresh developments on political front in Italy.
  • High of 127.75 yesterday cap for now barring very good EUR-friendly news.
  • Offers tipped 128.00+, some from Japan exporters? Daily Ichi tenkan 127.97.
  • Descending 200-HMA at 128.01 above, 100-HMA below at 126.80, 55-HMA 126.48.
  • Flows light so far at month-start, many players side-lined pre-US NFP.

EUR/JPY: Click here

Source:
Thomson Reuters IFR Markets

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