New highs incoming at 131 and beyond...
Before:
More pronounced resurgence in the Yen has dragged the DXY down through 92.500 to test chart support in the form of a Fib retracement.
Market contacts note that buying in EUR/JPY started around 130.00 and continued all the way down to at least 130.40. Further bullish momentum anticipated.
Note also, another Eurozone sentiment survey topped consensus by a decent margin as the Sentix Index hit its best level since August 2018.
More pronounced resurgence in the Yen has dragged the DXY down through 92.500 to test chart support in the form of a Fib retracement.
Market contacts note that buying in EUR/JPY started around 130.00 and continued all the way down to at least 130.40. Further bullish momentum anticipated.
Note also, another Eurozone sentiment survey topped consensus by a decent margin as the Sentix Index hit its best level since August 2018.
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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.