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FxWirePro- Woodies Pivot(Major)

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FxWirePro- Woodies Pivot(Major)

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EUR/JPY below 130.16 Jan low, 128.50 next props

Tuesday, March 10, 2015 1:26 PM UTC

Source: Thomson Reuters

EUR/JPY below 130.16 Jan low as risk-off flows & fresh Grexit worries weigh
Tiny breach of 130 so far, lack of follow-thru caps downside
DM stocks, N225 futs, getting hammered, prompting yen short covering
161.8% of Feb 12-22 drop & 38.2% of '12-'14 rise at 128.48/52 key support

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EUR/JPY below 130.16 Jan low, 128.50 next props

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