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EUR/JPY holding 138 support

  • More bank recs to sell EUR/JPY today after widening of IMM positioning gap

  • EZ core-peripheral spreads widening as Greek risk spreads

  • 138 low Fri by 38.2% Fibo key support; Kijun & 50% Fibo are at 137.08, 200-DMA 137.29

  • Spec yen shorts now near '14 highs, EUR shorts least since Dec

  • Greece seemingly bent on risking default & Grexit, but EUR not too heavy

  • Market Data
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