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Thomson Reuters
Jul 19 - 12:12 AM
EUR/JPY Off With EUR/USD Overnight, Bounce Since
First appeared on eFXplus on Jul 18 - 09:15 PM

  • EUR/JPY push down yesterday limited to 130.86 overnight before good bounce.
  • EUR/USD fall behind cross move down, EUR also in bounce since.
  • Cross 131.25-42 so far in Asia, EUR/USD 1.1632-54.
  • Following push down, EUR/JPY bias again up albeit small.
  • Likely still capped ahead of 131.90 200-DMA, 132.00, stops above latter.
  • Good tech support eyed at ascending 200-HMA down at 130.97.

EUR/JPY hourly: Click here

EUR/JPY daily: Click here

EUR/USD hourly: Click here

Source:
Thomson Reuters IFR Markets

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