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

Friday, March 6, 2015 1:20 PM UTC

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

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

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