I blame Juncker myself…
Posting fresh day’s/week low of 116.47 and any bounces have been unimpressive. The tenkan line at 116.84 has now been breached which signals a bearish tone if it closes below there tonight. More bids are seen down at 116.00/10 .
USD/JPY’s also below its tenkan line (88.25) and likewise a close below there tonight would also point to a bearish scenario, but bids around 87.80 after recent stops were triggered through 87.85 have so far soaked up the supply. More bids/support seen below at 87.50/60.
USD’s around 87.89 with the cross around 116.70
