EUR/JPY breaks below 38.2% Fibo & up TrendLine from Apr by 138, channel base supports
Thursday, June 25, 2015 1:26 PM UTC
- EUR/JPY breaks below Jun low, 38.2% Fibo & up TrendLine from Apr by 138 overnight on Greek fears
- Down channel off Jun highs v Jun 12 low at 137.61 neared with today's 137.66 low
- EZ core-peripheral yields spreads tighter, Bund yields firmer at moment in support
- JPY haven bid boosted by CHF's slide on SNB Jordan's intervention threat
- Another big weekly reduction in Japanese foreign bond longs also supports JPY
- Wed's high & Tenkan at 139.18/16