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EUR/JPY 100-DMA props again, Bunds support for EUR waning

  • EUR/JPY 100-DMA support (134.15) props again 2nd day by the day's low (134.14)

  • Massive surge in Bund yields that underpinned EUR til Wed is waning

  • Overbought bearish divergence on dailies needs sub 134.10 close to confirm turn

  • Big resistance at 136.65-70

  • DAX rising for 2nd day, provides new short EUR hedging impetus if persists

  • Japan policy chief overnight arguing against QQE3 & more yen weakness for now

  • Market Data
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