EUR/JPY bids noted into 139-138.80, DAX/Bunds key
Tuesday, June 9, 2015 1:18 PM UTC
- EUR/JPY 141.03 overnight high failed by 141.06 Jun 4 peak; latter by channel top from Apr low
- Bund yield rise & DAX fall forcing short EUR FX hedges to be unwound yet
- Latest Greek deal offer to creditors being mulled; gaps exist for a can kick
- Overbought bearish divergence on RSI now, but bids noted into 139-138.80
- USD/JPY dive with N225 slide found support at up TrendLine off last week's low; 124.74 resistance
- EUR/JPY weeklies need a 140.73+ close