Not much change for the Yen that seemed set to overcome 130.50..
Not much change for the Yen that seemed set to overcome 130.50 against the Euro after scaling the moving averages, but EUR/JPY has been trading sideways for many days alongside Jpy crosses, such as USD/JPY around 108 in what appears to be a technical correction rather than something fundamental, aside from a resumption of US Treasury bear-steepening. Recent spike today seems very manipulative, but we should see a mild continuation in the break out.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.