By Haruya Ida — Jun 30 - 10:00 PM
• EUR/JPY and CHF/JPY remain better bid but upside momentum maybe fading
• EUR/JPY 169.35-64 EBS so far in Asia, holding at recent highs
• Capped for now ahead of 170.00, 169.80/85 double top Friday/yesterday
• 169.80/85 double top best since 171.05 high on July 23, 2024
• Still on hold just above 169.20-36 hourly Ichimoku cloud, cushion below
• CHF/JPY 180.40 to 181.42 EBS, 181.83 elsewhere yesterday, Asia 181.08-62
• Cross still at multi-decade high, upside momentum looks to be fading some
• No signs of any major retracement in either cross however
• Related comments , , for more click on [FXBUZ]
EUR/JPY:
CHF/JPY:
(Haruya Ida is a Reuters market analyst. The views expressed are his own)
Source:
London Stock Exchange Group | Thomson Reuters