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Eur/Yen Intra-Day Commentary

Posted by Joseph Trevisani on Mar 5, 2013 3:32:00 PM

The eur/yen cross continues to be pushed and pulled by straight euro flows, and less so by dollar-yen moves, but with a modestly bullish bias. Euro-yen, at 121.66, may yet see a retest of the overnight highs near 121.87. Strong offers in place at 122.00, with stops above that level, and again above 122.10-20.

 

MNI & WWM

Bloomberg

 

ScreenHunter 702 Mar. 05 15.40 resized 600

 

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