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EUR/JPY pullback persists as overbought studies weigh; props by 138.10

EUR/JPY consolidating overbought gains, pullback persists as overbought studies weigh Pullback begun with Thur's Bund yield peak by 1%, lack of Greek deal is proving a distraction for EUR longs Minor supports at 130.80-6…

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  • EUR/JPY consolidating overbought gains, pullback persists as overbought studies weigh

  • Pullback begun with Thur's Bund yield peak by 1%,  lack of Greek deal is proving a distraction for EUR longs

  • Minor supports at 130.80-62, but Jun 3 low & 38.2% at 138.00-10 are pivotal

  • Broader support is 200-DMA at 137.20, near the daily Kijun & Tenkan line

  • Medium-Term upside target is weekly Cloud singularity at 141.97

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