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.
Thomson Reuters IFR Markets