• EUR/USD up to 1.1723 EBS yesterday before pulling back, Asia 1.1686-1.1701

• Despite some easing, EUR/USD still relatively bid, more so than JPY

• EUR/USD holding just below 1.1716-1.1807 descending daily Ichimoku cloud

• Move back into cloud maybe only a matter of time

• This especially if the Middle East ceasefire holds over the weekend

• Flat-ish 200 and 100-DMAs in area at 1.1672 and 1.1693, respectively

• Hourly chart show EUR/USD above its 1.1622-74 Ichimoku cloud, to hold above?

• On options front, E1 bln expiries today between 1.1695-1.1700

• Some gravitational pull eyed, also expiries at 1.1725, 1.1740-45 E883 mln

• At 1.1800 strike, E1.3 bln in expiries today, likely to help cap rallies

• EUR/JPY holding bid, 186.01-10 EBS after push up to 186.21 yesterday

• High yesterday best since 186.40 on February 9, recent peak 186.87 Jan 23

• Support from hourly Ichimoku tenkan at 186.00, kijun 185.55 below

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