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EUR/JPY rising as Yen selling takes lead after overnight slide

Tuesday, April 7, 2015 1:12 PM UTC

Source: Thomson Reuters

EUR/JPY bids above 130 & by rising hourly Cloud push prices up to 130.50 breakdown point
Fri's 130.02 low & 129.83-85 (50% Fibo, 200-HMA & daily Kijun) key props
Kijun is on-close resistance at 130.07. 2-yr Bund-JGB spreads fall to -27bp
USD/JPY rise gains traction above 120, but Mar 31 high at 120.37 may stall it

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EUR/JPY rising as Yen selling takes lead after overnight slide

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