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Jun 30 - 11:55 PM

EUR/JPY - , CHF/JPY Remain Better Bid But Momentum Lacking

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

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