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EUR/JPY closer to 21-DMA target from Bolli correction

EUR/JPY slide stalled by EUR/USD's 1.1062 support, pair driven mostly by EUR/USD Pair closer to 21-DMA target from Bolli correction, last at 133.44, offers 134.75/135/135.20-25 Series of higher swing lows in May intact w…

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  • EUR/JPY slide stalled by EUR/USD's 1.1062 support, pair driven mostly by EUR/USD 

  • Pair closer to 21-DMA target from Bolli correction, last at 133.44, offers 134.75/135/135.20-25

  • Series of higher swing lows in May intact while above 133.49 May 11 low

  • ECB QE front-loading & Greek angst pressure on EUR are abating a bit

  • Only Fed Minutes to underpin/mine yesterday's USD rebound on Housing

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