EUR/JPY breaks last of the supports above Jan's 130.16 low

Source: Thomson Reuters

• EUR/JPY edges lower, 130.16 & 128.50 next targets
  
  
• Last of the supports above Jan's 130.16 low have been removed
  
  
• Today's 132.50 high is at the bottom of the broken down channel from Feb's high
  
  
• Lower 21-d Bolli circa 132.17 weighs on price slide intraday
  
  
• ECB's QE designed to widen yield spreads, weaken EUR and is doing so